One in Four Young Adults Live with Family: Survey

Women making a salad (Photo by August de Richelieu on Pexels.com

 By WI Web Staff

      A quarter of all young adults ages 25 to 34 are more likely to live with their parents, grandparents or older siblings — nearly tripling over the past half-century, according to a recently released report.

The Pew Research Center said the number for that age group is up from 9% in 1971, WUSA-TV (Channel 9) reported.

A Pew survey conducted in October found that financial issues such as student debt and housing costs are key factors, WUSA reported. Young adults who don’t have a college degree tend to stay with their families more than those who have at least a bachelor’s degree.

People living with parents or extended family are less likely to be poor than those in other households, according to Pew’s research. Young adults contributed 22% of their income to multigenerational housing in 2021, compared to 37% of earnings of those married or head of a household.

The survey found that 68% of young adults lived with one or both parents while another 14% resided with non-parents such as a grandparent or sibling. Latino, Asian and Black young adults were also more likely to live with parents or extended family than whites.

About Carma Henry 20236 Articles
Carma Lynn Henry Westside Gazette Newspaper 545 N.W. 7th Terrace, Fort Lauderdale, Florida 33311 Office: (954) 525-1489 Fax: (954) 525-1861

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