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Jim Liebelt Christian Blog and Commentary

More Millennials Living With Family Than Seniors

  • Jim Liebelt
    Jim Liebelt
    Jim is Senior Writer, Editor and Researcher for the HomeWord Center for Youth and Family at Azusa Pacific University. Jim has over 25 years of experience as a youth and family ministry specialist, and has been on the HomeWord staff since 1998. He has served over the years as a pastor, author, youth ministry trainer, adjunct college instructor and speaker. Jim’s culture blog and parenting articles appear on HomeWord.com. Jim is a contributing author of culture and parenting articles to Crosswalk.com. Jim and his wife Jenny live in Olympia, WA.
  • 2014 Jul 21
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It used to be seniors who were most likely to be living at home with family. New research shows young adults have reversed that trend.

Twice as many Americans live in multigenerational households compared to 1980. And Millennials are the ones driving the increase.

Nearly a quarter (23.6%) of young adults 25-34 live in a multigenerational household, according to an analysis of Census Bureau data by Pew Research Center. That's up from 18.7% before the recession. Multigenerational means the household includes at least two adult generations.

Poor job and wage growth and the trend in delayed adulthood have made young adults the leading age group affecting the increase in multigenerational households, Pew says.

Pew didn't include 18- to 24-year-olds in the analysis. The data focuses on the older half of Millennials. Young adults are not only moving home, they're staying through their late 20s and even early 30s.

Independence usually requires money and a job, which are both still in limited supply for young adults. Plus as Pew points out, young adults are marrying later and staying in school longer.

Overall, 18.1% of Americans live in an multigenerational household. In 1980, the share was 12.1%.

Source: USA Today
http://www.usatoday.com/story/money/personalfinance/2014/07/17/millennials-multigenerational-households/12779883/