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How Many Gen Z and Millennials Are Really Living at Home with Their Parents

Plenty of sources claim Gen Z and Millennials are living with their parents, but our data shows it’s not the story they claim…

Written and Edited by the YPulse Editorial Team

Apr 20 2023
North America

KEY TAKEAWAYS

Though headlines claim as many as half of Gen Z and Millennials under 30 are living with their parents, our data shows otherwise
The reality is most young adults living at home are still students
And even if they aren’t, these gens are way more financially responsible than they’re made out to be—living at home does not equal luxury shopping

You’ve seen all the headlines: “This huge percentage of Gen Z and Millennials are living with mom and dad, and they’re never moving out!” Reports of this trend gauge the number of young people living at home anywhere from “nearly a third of Americans between the ages of 18 and 25,” to estimates of nearly half of all 18-29-year-olds. One “personal finance guru” says these gens living at home are “a trainwreck,” while others claim they’re using the money they save on rent to fuel the luxury goods industry. But what do Gen Z and Millennials themselves have to say about...