July 13th, 2015 9:02 PM by Greg Hanner
Whether you rent or own, this is interesting data just released by the US Censis Bureau as it shows how living arrangements have changed over time. Business Insider just reviewed that data.
The results show that marriage is in decline, and other types of households have been steadily becoming more common.
In 1967, a full 70.3% of American adults over the age of 18 lived with a married spouse. By 2014, that proportion had dropped to a bare majority of 51.7%. Meanwhile, the percentage of adults who lived on their own nearly doubled, from 7.6% in 1967 to 14.3% in 2014.
The most dramatic jump was in households made up of unmarried romantic partners. Cohabitation was nearly nonexistent in 1967, with just 0.4% of householders living with an unmarried partner. In 2014, about 7.3% of adults lived with a partner.
Here's the most interesting part of the data from my read of the Business Insider article: While the proportion of all adults over 18 who live in their parents’ household has remained fairly steady over the years, ranging between about 10% and 12% of the population, looking at younger adults shows a different picture. The proportion of adults between the ages of 25-34 living at home has steadily gone up since the early 2000s (that's almost a 44% increase!!). My question is why?:
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.