Multigenerational Households are Increasing
The percentage of Americans living in multigenerational households has increased sharply in the past two years, due in large part to the recent economic recession. Between 2008 and 2010 the percentage of multigenerational households in the U.S. rose from 5.3% to 6.1%, a rate of growth that was faster than the previous eight years combined.
The percentage of multigenerational households in the U.S. is even more impressive when you include households with so-called boomerang children, adult children over 25 living with their parents. According to the Pew Research Center, one in five adults between 25 and 34 is currently living in a multigenerational household. The percentage of multigenerational households also varies widely across various ethnicities. While 22% of Hispanic-Americans, 23% of African-Americans, and 25% of Asian-Americans live in multigenerational households, only 13% of white Americans do so. This increase in multigenerational households will certainly affect the future of UD in America.
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