Question of the Day: What percent of 18-29 year olds are currently living with their parents?
At the height of the pandemic, the percentage of young adults living with their parents hit its highest rate ever since the Great Depression but has since come down slightly. What percentage is it at today?
Do you know anyone in the 18-29 year age range who lives with their parents? Who? Why do they live with their parents?
Why do you think that certain states have higher percentages of 18-29 year-olds living at home with their parents?
At what age do you envision yourself living on your own? What is your plan to develop financial independence?
How will this number change as the world continues to respond to COVID-19?
Behind The Numbers (USA Today):
"The viral tweet, now circulating as a meme, says that "52% of young adults now live with their parents, the highest rate ever." While this was true when it was first posted, that's no longer the case. The prior record – 48% – was established during the Great Depression era, though the number has been in the mid-to-high-forties several times in the 2010s, a Pew chart shows. The 52% rate during the pandemic topped that number. But the Facebook post from November 2021 was treating this as current data, which it isn't. The most recent data, collected in October 2021, shows that 46.5% of young adults now live with their parents, based on USA TODAY's analysis of monthly data from the Current Population Survey."
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