Question of the Day: What percent of 18-34 year olds are living with their parents?

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Jan 13, 2019
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Question of the Day

Answer: 34.5%

Updated question of the day that first appeared in 2016. We like to keep it current!

Questions:

  1. Do you know anyone in the 18-34 year age range who lives with their parents? Who? Why do they live with their parents?
  2. Why do you think that certain states have higher percentages of 18-34 year olds living at home with their parents?
  3. At what age do you envision yourself living on your own? What is your plan to develop financial independence?

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind The Numbers (Visual Capitalist):

For a variety of different reasons, there is a growing proportion of young adults that are living with their parents in the United States. As of 2017, it’s estimated that 34.5% of young adults (18-34 years old) in the U.S live at home – one of the highest percentages in recent memory. 

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Note that this article from Visual Capitalist includes an interactive where your students can see the details about their state (click below):

 

 

 

 

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.