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A record number of adults are living at home with their parents as they delay traditional life milestones such as getting married and having babies, new data shows. ... more than 50 per cent of 21 ...
However, US Census Bureau data also suggest that the rate at which adult children have been living with parents has been steady since 1981. [7] The U.S. Census Bureau reported a 5 percentage point increase in the number of young men (ages 24–34) living with their parents for the period between 2005 (14%) and 2011 (19%).
61.2% of U.S. 18-25 year-olds lived with a parent or grandparent in August, down from 62.8% earlier in the summer but still well above 54.4% in August 2019. The post The Share of Gen Z Living at ...
The percentage of children living with single parents increased substantially in the United States during the second half of the 20th century. According to a 2013 Child Trends study, only 9% of children lived with single parents in the 1960s—a figure that increased to 28% in 2012. [11] The main cause of single parent families are high rates ...
With more children being born to unmarried couples and to couples whose marriages subsequently dissolve, more children live with just one parent. The proportion of children living with a never-married parent has grown, from 4% in 1960 to 42% in 2001. [33] Of all single-parent families, 83% are mother-child families. [33]
In fact, 31% of Gen Z live with a parent or family member because they can't afford to rent or buy their own place, a new survey of 1,249 U.S. adults from Intuit Credit Karma finds.
And the disparity has only grown wider since the recession. From 2007 to 2010, black families’ retirement accounts shrank by 35 percent, whereas white families, who are more likely to have other sources of money, saw their accounts grow by 9 percent. The result is that millennials of color are even more exposed to disaster than their peers.
A 2024 study by Savings.com found 47% of parents reported ongoing financial help to their adult children, with many of them saying they were sacrificing their own financial security in doing so ...