Roughly 25 percent of U.S. adults ages 25 to 34 lived in a multigenerational household in 2021, up from 9 percent in 1971, according to data analysis from Pew Research Center.
Living in a multigenerational household is âincreasingly proving a respiteâ from skyrocketing housing costs, various debts, and inflation, which continues to rise under the leadership of President Joe Biden and Democrats. Pew Research defines multigenerational living as âliving in a household that includes two or more adult generations.â
While the share of of all adults living in a home that include two or more adult generations has increased, growth has occurred fastest among adults 25-34.
âIn 1971, similar shares of adults across age groups lived in a multigenerational household, but by 2021, young adults were far more likely than older Americans to have this type of living arrangement,â according to the report.
The percentage of young American adults who are living in a parent's home has roughly doubled over the past 50 years. 17% of Americans ages 25 to 34 were living in a parent's home in 2021, up from 8% in 1971. https://t.co/p8i5Hm66au pic.twitter.com/nkSGnp9TKg
— John Gramlich (@johngramlich) July 20, 2022