A curated collection of reports, complete with summaries, from across the industry on the subjects you care about.

Trends and policy

Why adults live in multigenerational homes

Source: The Pew Charitable Trusts
Report date: March 2022

The number of people living in multigenerational homes has grown significantly, according to a survey by the Pew Research Center. The survey looks at the reasons for this rise and the composition of these households.

Highlights

  • The number of people living in multigenerational family households quadrupled since 1971, reaching 59.7 million people — 18% of the population — in March 2021.

  • 31% of adults ages 25 to 29 live in multigenerational households, often in their parents' home.

  • 13% of white Americans live in multigenerational homes, compared with 24% of Asians, 26% of Blacks and 26% of Hispanics.

  • 40% of adults cite financial issues as a major reason they live with adult family members, 33% cite caregiving arrangements and 28% say it's an arrangement they've always had.

  • 63% of parents who live with an adult child say they pay more than half the rent or mortgage, including 51% who say they pay the entire amount.

Get the latest real estate news delivered to your inbox.