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Living Arrangements of Young Adults (Ages 25-34)
Percentage of young adults living with parents based on 2023 data
Primary Sources
A study says moving back in with your parents can hurt your homebuying ...
A study says moving back in with your parents can hurt your homebuying odds. This 24-year-old is ready to defy them. By Alcynna Lloyd You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Rommel Gonzalez/Getty Images 2026-05-02T14:29:01.322Z Many young adults are moving back home to save money for future homeownership. But a study found that young adults who moved back home were less likely to own a home later in life. Luke Howland, a 24-year-old who moved back in with his parents, shed some light on why he did it. Luke Howland, 24, moved back in with his parents this year. It wasn't part of the plan. At 19, while many people his age were heading to college, Howland used his savings from high school jobs to open an electric bike retail store in Flagstaff, Arizona. After selling the business last year and moving out of the retail space where he also lived, he found himself back in his childhood home."For someone who has been on their own for so long and found success in business, I kind of acquired this ego in myself," Howland told me.Returning to his parents' house was a tough decision, he said, but the right one. It's made his relationship with his family stronger, and not having roommates — something he would likely need to do to afford rent in Arizona — has helped him stay focused on his goals. Without rent payments, he's also been able to save money to put towards eventually buying a home of his own."I'm lucky enough to be able to move back in with my parents," Howland said. "Even though I sold the business and was able to make some money from it, it just didn't make sense to get right back into a lease or an apartment before I found another job or created another business." Howland is far from the only one moving back in with mom and dad. A 2025 Pew Research study found that in 2023, 18% of adults ages 25 to 34 lived with their parents. Young men were more likely than young women to do so, at 20% compared with 15%.For many young adults, the decision is a financial strategy. As the job market tightens and wages lag behind housing costs, living with parents is a way to cut living expenses and work toward longer-term goals, such as starting a business or pursuing homeownership.Still, moving back home doesn't necessarily speed up the path to homeownership. A 2019 Urban Institute study found that adults who lived with their parents between the ages of 25 and 34 were less likely to become homeowners or ho...
Moving back in with parents is the new normal for young adults
New Ipsos poll conducted on behalf of Thrivent Financial explores how milestones for young adults are shifting and changing 04.28.26 Washington DC, April 28, 2026 - A new Ipsos poll conducted on behalf of Thrivent Financial finds that returning home to live with their parents is becoming a defining feature of life for young adults. Financial concerns and considerations often drive young adults to move back home, either due to necessity or for proactive planning. While a majority of current or past boomerang kids describe moving back as financially necessary, some say financial benefits played a role but weren’t the only driver of their decision. Economic pressures continue to reshape the idea of home ownership, as three in ten young adults (aged 27-35) who haven’t bought a home yet say they don’t expect to ever purchase one. Looking ahead, one of the primary reasons that young adults cite for potentially returning home would be to save for a down payment on a home of their own. Supporting adult children continues to come at a cost, often impacting both short and long-term financial goals. Nearly half of current boomerang parents report having some area of their finances impacted by their child’s return home. Over four in ten boomerang parents say they are willing to cut personal spending to financially support their adult children, while nearly one in five would be willing to reduce their personal savings or retirement contributions.About the StudyThis poll was conducted by Ipsos on behalf of Thrivent Financial from March 24 – April 3, 2026, using the probability-based KnowledgePanel®. This poll is based on a nationally representative probability sample of 2,325 general population Americans. In addition, oversamples were included in three target Metropolitan Statistical Areas to achieve n=500 total completes for each area. The sample for these MSA oversamples came from a combination of KnowledgePanel and supplemental non-probability (opt-in panel) sample.The main survey was conducted using the web-enabled KnowledgePanel®, which is the largest and most well-established online panel that is representative of the adult US population. Our recruitment process employs a scientifically developed addressed-based sampling methodology using the latest Delivery Sequence File of the USPS – a database with full coverage of all delivery points in the US. Households are randomly selected from all available households in the U.S. Persons in these households are invited ...
Fewer non-homeowners expecting to buy a home within 5 years: Gallup
Fewer Americans who don't own a home are expecting to buy a home within the next five years, according to a new poll. In the Gallup poll, 19 percent of the non-homeowner respondents said they…
Boomerang Kids by the Numbers: Why Adult Children Are Moving Back Home
Nearly half of parents report an adult child moving back home. Rising housing costs and financial pressures are turning "boomerang living" into a common, strategic step for families.
