It’s no surprise that, in a recession, more young adults would opt to share a home with their parents. What is a surprise is this week’s news from the Census Bureau that a full 19 percent – or nearly one in five – men between the ages of 25 and 34 report living at home with their parents.
Back in 2005, pre-recession, the number was 14 percent.
But get this: That’s still higher than the current number of young WOMEN living at home. In 2005 that number was 8 percent, and now, it’s 10 percent.
So why do nearly twice as many young men cohabitate with their parents as young women? Well, the Census Bureau doesn’t get into that. It does, however, note that the recession isn’t the only reason for the increase.
“The increase in 25 to 34 year olds living in their parents’ home began before the recent recession, and has continued beyond it,” said Rose Kreider, a family demographer with the Fertility and Family Statistics Branch, and author of the new Census Bureau study (which can be found by clicking here: America’s Families and Living Arrangements: 2011).
As for the younger crowd, more than half of those between the ages of 18 and 24 are currently living with their parents: 59 percent of men and 50 percent of women. This, too, is an increase since 2005 – but these numbers also include all the nation’s college students who are currently living in dorms.
There’s lots more statistical information to be gleaned from the study, such as the number of children 18 and YOUNGER living with two parents (remember, this is this year, 2011, we’re talking about), and that sort of thing. But you’ll have to read the study for yourself if you want a more exhaustive analysis.
I’ll leave you with one interesting item, though: In 2011, there are 74.6 million children in the United States under the age of 18. That’s a lot of young-uns, isn’t it?
