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Mama's Boys: 20 Percent of DC-Area Millennials Live at Home
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Across the country, the share of 24-34 year-olds living at home with their parents has steadily risen over the past decade. Today, one in five millennials lives with their parents — a proportion that also holds true in the DC area.
The percentage of millenials living at home in the DC area
According to Zillow, between 2006 and 2014, the percentage of millennials living at home increased from 13.1 percent to 21.4 percent. In the DC area, the percentage of millennials living at home rose from 13 percent in 2005 to over 20 percent in 2014. All thirty-five of the country’s largest metropolitan areas have seen a similar rise in millennials moving back home. At this point, more millennials live with their parents than live alone.
This dynamic holds steady when controlling for most variables, but data shows that male millennials are likelier to live with their parents than their female counterparts. Mama’s boy, indeed.
See other articles related to: housing, housing reports, millennials
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/one_in_5_dc-area_millenials_live_with_mom/11196.
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