Austin's Morning News

Blog > Austin's Morning News > Big jump in number of millennials living with parents reported

Big jump in number of millennials living with parents reported

More Americans than ever live in multigenerational households, and the number of millennials who live with their parents is rising sharply, according to a study released Thursday.

A record 57 million Americans, or 18.1% of the population, lived in multigenerational arrangements in 2012, according to the Pew Research Center. That's more than double the 28 million people who lived in such households in 1980, the center said.

A multigenerational family is defined as one with two or more generations of adults living together.

Read more: http://www.latimes.com/business/la-fi-more-millennials-moving-home-20140717-story.html

Austin's Morning News

7-30-15 UPDATE: A Hays County jury found Nathaniel Eddleman not guilty Thursday of failure to stop and render aid...
During the recession near the end of the last decade, many young adults facing a dreadful job market moved in with...
Two signs posted on the door of a nondescript dental office here asked passers-by to mourn the death of Cecil, a...
University of Cincinnati Police Officer Ray Tensing was indicted Wednesday on a murder charge in the shooting...
Sorry mom and dad: Even with an improving economy, the kids aren’t moving out. Young adults aren’t doing much to...