Over 30 Percent Of Adults Aged 18 To 34-Year-Still Live With Their Parents
When you’re a teenager and tired of all your parent’s crap while living in your teenage brain thinking adults have it so much easier, you can’t wait to get out of their house. Getting “under your own roof” and then having “your own rules” sounds like the point in your life when you will be happiest. Until that time rolls around and you’re realizing just how much easier things can be when you’re under your parents roofs. There are many reasons why adults live with their parents when they could be old enough to be on their own, but statistics show more adults are living with their parents than we realized.
And it’s not just a little bit of adults still living with their parents, it’s a lot.
According to a report from the Pew Research Center, “for the first time in more than 130 years, adults ages 18 to 34 were slightly more likely to be living in their parents’ home than they were to be living with a spouse or partner in their own household.” This is said to be because of a few reasons, one of the biggest seems to be that the 24 million adults who are living with their parents do so because they are getting married later in life, or not at all.
“Dating back to 1880, the most common living arrangement among young adults has been living with a romantic partner, whether a spouse or a significant other,” writes Richard Fry of Pew Research Center. “This type of arrangement peaked around 1960, when 62% of the nation’s 18- to 34-year-olds were living with a spouse or partner in their own household, and only one-in-five were living with their parents.”
OH HOW TIMES HAVE CHANGED.
And it seems a big chunk of this number is because adult men aren’t leaving as early because they’re not making as much money as they were decades earlier. “The share of young men with jobs peaked around 1960 at 84%. In 2014, only 71% of 18- to 34-year-old men were employed. Similarly with earnings, young men’s wages (after adjusting for inflation) have been on a downward trajectory since 1970.”
Women do make up some of 30% living at home, but men do take the lead there. “For men ages 18 to 34, living at home with mom and/or dad has been the dominant living arrangement since 2009,” the report reads. Adding, “young women are on the cusp of crossing over this threshold: They are still more likely to be living with a spouse or romantic partner (35%) than they are to be living with their parent(s) (29%).”
But young women are making up a larger percent of people heading up a household on their own, with the study citing this is likely single mothers living with their kids.