Twelve percent of the nation's adults live with their parents. For most, financial reasons are a big factor, according to the Federal Reserve Board's 2018 Survey of Household Economics and Decisionmaking. Here are the reasons people live with their parents by age group (more than one reason could be selected)...
Aged 18 to 21 (61 percent live with parents)
63% to save money
31% prefer living with others
15% to provide financial assistance
13% to care for family member or friend
3% to receive help with child care
Aged 22 to 24 (51 percent live with parents)
83% to save money
37% prefer living with others
29% to provide financial assistance
20% to care for family member or friend
5% to receive help with child care
Aged 25 to 29 (26 percent live with parents)
86% to save money
38% to provide financial assistance
33% prefer living with others
25% to care for family member or friend
8% to receive help with child care
Aged 30 to 39 (13 percent live with parents)
60% to save money
42% to provide financial assistance
36% to care for family member or friend
20% prefer living with others
14% to receive help with child care
Source: Federal Reserve Board, Report on the Economic Well-Being of U.S. Households in 2018
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