More millennials live at home with their parents than with a spouse, according to a recent report by the Census Bureau.
As of 2016, a whopping 31% of young adults aged 18-34 are still living at home with their parents—about 22.9 million people. Just 27%, about 19.9 million, of them are married and living with a spouse.
Millennials have long been criticized for refusing to leave the nest, and for putting off major life events like marriage, buying a house, and having kids. That’s due partially to generational traits, and due partially to nearly a decade of slow job growth under President Barack Obama.
For comparison, in 1975, more than 57% of young adults between 18 and 34 were living with their spouse—while just 26% were still living at home.
Unfortunately for millennials (and their put-upon parents), that trend doesn’t look likely to change anytime soon: according to the study, a whopping 90% of millennials who reported living with their parents in 2015 were still living at home in 2016. The census calls that a “stable living arrangement.”
However, the trend for these failed-to-launch young adults is more pronounced in blue states like New Jersey, Connecticut, California, and New York—where the cost of living is substantially higher, and nearly 50% of millennial still live at home.
In red states like the North Dakota, South Dakota, Wyoming, and Nebraska, where the cost of living is substantially lower, young people are more likely to live outside the nest—around or below just 20% of millennials in those states are still with Mom and Dad.
However, as the economy continues to grow quickly in the age of Trump, it remains to be seen whether or not millennials will start to get jobs, build savings, and (finally) strike out on their own.
AAN Staff
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