Many young adults live with their parents

The U.S. Census Bureau used new Current Population Survey data to examine the living situations of people aged 25 to 34 and to document how these living arrangements intersect with poverty status. The analysis found that 17.8 percent of those 25-34 lived with their parent(s) in 2019. These young adults ages had a lower poverty rate (at 5.3 percent) than the poverty rate for their age group overall (at 10 percent). If these same young adults did not share a household, their poverty rate would be more than six times higher, at 36.3 percent. Household sharing reduces poverty among parents though too: among families living with related children age 25-34, poverty would be more than twice as high without those young adults’ income in the family. Rates of household sharing among young adults have increased substantially in the pandemic, as evidenced by earlier work from the Pew Research Center.