Important Takeaways:

• A majority of young adults in the U.S. live with their parents for the first time since the Great Depression
• 52% of young adults resided with one or both of their parents
• The number living with parents grew to 26.6 million
• Growth was sharpest for the youngest adults (ages 18 to 24) and for White young adults.
• The share of young adults living with their parents is higher than in any previous measurement (based on current surveys and decennial censuses). Before 2020, the highest measured value was in the 1940 census at the end of the Great Depression, when 48% of young adults lived with their parents.

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