More 18- to 29-year-old American adults are living with their parents today than at the height of the Great Depression, according to a Pew Research Center analysis of monthly Census Bureau data.
Fifty-two percent of young adults resided with one or both of their parents in July, up from 47% in February. Their numbers grew to 26.6 million, an increase of 2.6 million from February.
These increases came among all major racial and ethnic groups, men and women, and metropolitan and rural residents, as well as in all four main census regions.
Growth was sharpest for white young adults and for those 18 to 24. Most people in this youngest age group already lived with their parents, but the share grew to 71% in July from 63% in February.
In the 1940 census at the end of the Depression, 48% of young adults lived with their parents. Pew noted that the peak may have been higher during the worst of the downturn in the 1930s, but lack of data makes that uncertain.
Nine percent of young adults reported that they had relocated either temporarily or permanently because of the outbreak, and 10% said somebody had moved into their household.
Among all adults who had moved because of the coronavirus, 23% said the most important reason was because their college campus had closed, and 18% reported that job loss or other financial reasons had pushed them to do so.