For the First Time Since the Great Depression, the Majority of Americans Under 30 Are Living With Their Parents

If this pandemic has pushed you back into your parents home and robbed you of your autonomy, you are far from alone.

18- to 34-year-old men and women of all racial and ethnic groups and in every geographical region in the country have experience a historic spike in basement living.

As of July, 52% of millennials were living in their parents’ home, up from 47% in February, according to the Pew analysis of Census Bureau data, surpassing the previous high hit in 1940, when 48% of young adults lived with their parents.

“In a very short space of time, we are now at levels last seen during the Great Depression,” said Richard Fry, a senior researcher at Pew. [via]

NEW: For the first time since at least the Great Depression, a majority of US adults under 30 are living with their parents. https://t.co/Ronphrp13w pic.twitter.com/5t19rC0TSn

— John Gramlich (@johngramlich) September 4, 2020