% of Millennials Living at Parents' Home (2015)
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Nearly 1 in 3 millennials lives in their parents' home.
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The US Census Bureau released a study on how young adulthood has changed between the 1970s and today. One of the main topics covered in the study was living situations:
-In 1975, a 57% majority of young adults aged 18-34 lived with a spouse, while just 26% of adults lived in their parents' home.
-In 2016, only 27% of young adults lived with a spouse, while the proportion of 18-34 year olds living with their parents went up to 31%, becoming the most common living situation.
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The report also noted that cohabitating with an unmarried partner has become much more common over the last few decades: in 1975, only around 1% of 18-34 year olds lived with an unmarried partner, while 12% of young adults were cohabitating in 2016.
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Millennials haven't given up on the traditional milestones of adulthood; they've just delayed them. For example, the authors of the report wrote on the topic of marriage, "In 1995, women had a 59% chance of marrying by the age of 25. As of 2010, they had a 44% chance, a decline of 15 percentage points in just 15 years. Nonetheless, their chances of marrying by the age of 40 barely budged across the same period, from an 86% chance to an 84% chance."
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