What's Hot: A 400-Unit Concept Floated For Arlington Plaza
7.3 Percent of Seniors Live With Relatives in U.S.
✉️ Want to forward this article? Click here.
Is the U.S. starting to resemble cultures where multi-generational housing is the norm?
According to a recent article in Trulia Trends, the number of seniors (those over age 65) living with their adult children or other relatives has grown over the last few decades.
Trulia cited Census data and a survey from the Current Population Survey’s American and Social Economic Supplement (ASEC); the 2012 Census showed 9 percent of seniors living with children or relatives, while the ASEC determined that the average for this age group living with their parents has grown from 6.6 percent to 7.3 percent over the last 20 years.
The biggest explanation for the shift, said Trulia, is the increase in foreign-born seniors. 25 percent of foreign-born seniors live with relatives, compared to just 6 percent of US-born seniors. The percentage varies depending on the country of origin. For example, 47 percent of Indian seniors live with relatives, and 44 percent of Vietnamese seniors. Other origin countries breaking the 30 percent mark include Haiti, Mexico and China.
When looking at US-born seniors, a significant ethnic and racial breakdown emerged. “African-American, Asian-American, and Hispanic seniors are all at least twice as likely as whites to live with relatives,” noted Trulia.
If the trend continues, perhaps more and more of DC’s “in-law suites” will actually live up to their name.
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/more_seniors_living_with_relatives_these_days/7840.
Most Popular... This Week • Last 30 Days • Ever
With a big snowstorm hitting the region, these tips are important for homeowners to k... read »
Today, UrbanTurf offers a brief explanation of what it means to lock in an interest r... read »
Title insurance is a form of insurance that protects against financial loss from defe... read »
Plans for a new 18-story apartment building have been pitched for the site of the Arl... read »
The five-bedroom estate along R Street NW listed for $13.5 million went under contrac... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro