** MUST LINK BACK http://www.newyorker.com/ **
** MUST CREDIT THE NEW YORKER **
** NO CROPPING MUST BE PUBLISHED FULL FRAME **
A Rising Share of Young Adults Live in Their Parents Home
A Record 21.6 Million In 2012
by Richard Fry
SDT-millennials-with-parents-08-2013-01In 2012, 36% of the nations young adults ages 18 to 31the so-called Millennial generationwere living in their parents home, according to a new Pew Research Center analysis of U.S. Census Bureau data. This is the highest share in at least four decades and represents a slow but steady increase over the 32% of their same-aged counterparts who were living at home prior to the Great Recession in 2007 and the 34% doing so when it officially ended in 2009.
A record total of 21.6 million Millennials lived in their parents home in 2012, up from 18.5 million of their same aged counterparts in 2007. Of these, at least a third and perhaps as many as half are college students. (In the census data used for this analysis, college students who live in dormitories during the academic year are counted as living with their parents).
Younger Millennials (ages 18 to 24) are much more likely than older ones (ages 25 to 31) to be living with their parents56% versus 16%. Since the onset of the 2007-2009 recession, both age groups have experienced a rise in this living arrangement.
The men of the Millennial generation are more likely than the women to be living with their parents40% versus 32%continuing a long-term gender gap in the share of young adults who do so.1