Back home: Why more young adults are living with their parents

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The COVID-19 pandemic disrupted American lives, particularly affecting young adults’ economic stability. Many high school and college graduates faced a turbulent job market, prompting them to move back home to save on rent and gain family support.shows over half of 18 to 24-year-olds live at home, including those in college dorms who return home between semesters.living with parents is not new. In 1960, 52% of young men and 35% of young women lived with their parents.

A 2023 Harris Poll for Bloomberg found 45% of 18 to 29-year-olds live at home, an 80-year high. Between 2021 and 2023, over 60% of Gen Z and millennials moved back home, primarily to save money and due to the high cost of living independently. Another survey of 1,249 U.S. adults revealed that 31% of Gen Z reside with a parent or family member due to theFor those aged 25 to 34, living with a spouse is common, but the number living with parents has increased from 11% of men and 7% of women in 1960 to 18% and 12% in 2022, respectively.

Moving back home, once seen as a setback, is now a strategic decision for many, allowing them to save money and plan for a more. As these dynamics evolve, the landscape of young adulthood and family life is being reshaped in ways that would have been hard to predict just a few decades ago.Lifestyle “Is this normal or strange?” — Job seeker asks if job interviewers should be asking about her religion, siblings, and former company’s boss’s age

 

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