Tag Archive for ‘young adults living with parents’

Share of Young Adults Living with Parents Declined in 2021

Spurred by elevated savings early in the pandemic and encouraged by lower interest rates, rising numbers of young adults left parental homes in 2021. As a result, the share of young adults ages 25-34 living with parents or parents-in-law declined and now stands at 20.2%, according to NAHB’s analysis of the 2021 American Community Survey (ACS) Public Use Microdata Sample… Read More ›

Young Adults Headship Rates Hit New Lows

The most recent American Community Survey (ACS) data revealed that the worrying trend of rising shares of young adults living with parents, relatives or sharing house with roommates continued in 2017. Only 40% of young adults ages 25 to 34 lead their own household in 2017. In comparison, close to 46% of adults in this age group were household heads… Read More ›

Young Adult House Sharing is on the Rise

New NAHB research shows that sharing housing with roommates, housemates and other non-relatives is rising in popularity among young adults. While only 4% percent of young adults ages 25 to 34 shared housing in 1990, that segment increased to 7.5% in 2016. This is in addition to increasing numbers of young adults that now choose to live with their parents… Read More ›

Young Adult Households That Did Not Form

New NAHB Economics research shows that two million households headed by 25 – 34 year olds are missing from the current housing market but could have been active players if the headship rates remained at the 2000 levels. Instead, a rising number of young adults choose to stay with their parents or parents-in-law. As of 2014, more than 20 percent… Read More ›