By the end of 2020, one in three 18- to 34-year-olds were living with their parents, illustrating the statistical rise in multi-generational living over the past half-century. This trend has only been aided by remote work, the increased cost of living, as well as unemployment rates—the latter of which skyrocketed last year due to the COVID-19 pandemic. Per STORAGECafé, multi-gen living has risen from 27.3% in 2007 to 32.7% as of a report conducted in 2021.
Other findings include:
- Hawaii, California and Texas have the highest share of multi-gen households.
- There are approximately 4.7 million multi-generational households (with at least three generations) in the United States.
- California’s Oxnard-Thousand Oaks-Ventura metro area has the highest incidence of multi-gen living in the country among 18- to 34-year-olds, 50%; at the other end of the spectrum, Madison, Wisconsin, has the lowest rate of multi-gen living, at 18%.
