Millennials: Only a Third Head Their Own Households
This refers to a post on FactTank about census data indicating that the rate of household formation among young adults (ages 18 to 32) is not growing, as of March 2013.
More Young Adults Live with Their Parents
A record number of Millennials—young adults ages 18 to 31—were living in their parents’ home in 2012 due to a combination of economic, educational and cultural factors, according to a new Pew Research Center report. The report, which used U.S. Census Bureau data, said the 36% share of young adults living in their parents’ home represents […]
A Rising Share of Young Adults Live in Their Parents’ Home
In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, the highest share in at least four decades. The number of young adults doing so has risen by 3 million since the start of the start of the recession in 2007, an increase driven by a combination of economic, educational and cultural factors.
Young Adults After the Recession: Fewer Homes, Fewer Cars, Less Debt
After running up record debt-to-income ratios during the bubble economy of the 2000s, young adults shed substantially more debt than older adults did during the Great Recession and its immediate aftermath—mainly by virtue of owning fewer houses and cars, according to a new Pew Research Center analysis of Federal Reserve Board and other government […]