Imagine living within an hour's drive of your entire extended family—meaning "children, parents, grandparents, grandchildren, brothers, sisters, cousins, aunts, uncles, and in-laws." A substantial 28 percent of Americans aged 18 or older do live that close to "all or most" of their extended family, according to a Pew Research Center survey. This group, in fact, outnumbers all the others...
Tuesday, May 24, 2022
28% Live Close to All or Most Extended Family
Tuesday, November 23, 2021
Many Americans Report Drug Problems in Family
Drug use is a common family problem. Nearly one-third of Americans (32 percent) report having had a drug problem in their family, according to a Gallup survey. This figure is up from 23 percent who reported family issues with drugs in the early 2000s.
The percentage who report having had a drug problem in their family has grown in every demographic segment over the past two decades. One of the biggest increases occurred in small towns and rural areas. In the early 2000s, only 17 percent of residents in small towns/rural areas reported having had a drug problem in their family. By 2018–21, fully 28 percent of rural residents reported a family drug problem—an 11 percentage point increase. Consequently, urban and rural residents are now about equally likely to report a drug problem in their family.
Thursday, April 22, 2021
Family Unemployment Doubled between 2019 and 2020
Every year the Bureau of Labor Statistics issues a report on the employment characteristics of families. The most recent report, with annual averages for 2020, compares family employment during the coronavirus pandemic with the 2019 numbers. The data come from the Current Population Survey, which defines families as two or more people who live together and are related by birth, marriage, or adoption.
The share of families with at least one unemployed member doubled between 2019 and 2020—rising from 4.9 to 9.8 percent—as the pandemic upended the job market. Hispanic families were most likely to have a family member unemployed in 2020 (14.3 percent), while white families were least likely (9.0 percent)...
Wednesday, February 05, 2020
Giving Money to Adult Children, Aging Parents
AARP recently took the measure of these millions, surveying people aged 40 to 64 with living parents and/or adult children aged 25 or older. Respondents were asked, "Have you given any financial support to your [parents/adult children] in the past 12 months?" Here's how many had...
Percent of adults aged 40 to 64 who have provided financial support in the past 12 months to...
Parents: 32%
Adult children: 51%
The support is substantial, too. Among those who gave money to a parent in the past year, 54 percent had given $1,000 or more and 20 percent $5,000 or more. The figures are similar for those who gave money to adult children—56 percent gave $1,000 or more and 25 percent gave $5,000 or more.
Is it a financial strain to provide this support? For many, not so much. Among those helping parents, 43 percent say it is little or no strain. For those helping adult children, 47 percent say the same. But a substantial 28 to 29 percent of those providing financial support say it is causing them high financial strain.
Source: AARP, Midlife Adults Providing Financial Support to Family Members
Friday, December 28, 2018
Most Americans Frequently Socialize with Relatives
Percentage who spend a social evening with relatives at least once a month (or week)
Total, 18-plus: 75% (39%)
Millennials: 80% (43%)
Gen Xers: 72% (38%)
Boomers: 71% (34%)
Older: 69% (31%)
Note: In 2016, Millennials were aged 22 to 39; Generation Xers were aged 40 to 51; Baby Boomers were aged 52 to 70; Older Americans were aged 71 or older.
Source: Demo Memo analysis of the 2016 General Social Survey
Tuesday, June 19, 2018
16% of Americans Provide Financial Support
Provided financial support to people in other households in 2017
Aged 18 to 29: 10%
Aged 30 to 39: 12%
Aged 40 to 49: 20%
Aged 50 to 59: 23%
Aged 60-plus: 16%
Received financial support from people in other households in 2017
Aged 18 to 29: 24%
Aged 30 to 39: 12%
Aged 40 to 49: 8%
Aged 50 to 59: 4%
Aged 60-plus: 4%
Most of the exchange is between parents and children. "Parents were among the providers for just over 6 in 10 support recipients, including 8 in 10 of those under age 30," according to the report. "Additionally, adult children are support providers for over half of people over age 60 who are receiving some assistance." Among those aged 18 to 29 who received support, one-third were getting help with educational expenses or student loan payments.
Source: Federal Reserve Board, Report on the Economic Well-Being of U.S. Households in 2017
Tuesday, August 08, 2017
Who Can Count On Family for Financial Help?
Percent saying they would have a lot of difficulty paying an unexpected $1,000 bill
Asians: 28%
Blacks: 50%
Hispanics: 43%
Non-Hispanic Whites: 35%
One factor that would make it difficult for many to pay an unexpected bill is the lack of family resources. When asked whether they could turn to their family for help in paying an unexpected $1,000 bill, the percentage who say yes ranges from a low of 38 percent among Blacks to a high of 64 percent among Asians...
Percent saying they could turn to family for help paying an unexpected $1,000 bill
Asians: 64%
Blacks: 38%
Hispanics: 54%
Non-Hispanic Whites: 56%
Asians also are most likely to say their family could help with a down payment for a new car (51 percent) or house (49 percent). They are also most likely to say their family could help them with college tuition or paying off student loans (58 percent).
Source: GenForward University of Chicago: June 2017 Report
Friday, March 04, 2016
Financial Stability, Upward Mobility, Depend on Family Help
Some families do much more, providing their adult children with what Pew call "mobility-enhancing" funds: money for higher education and homeownership. According to Pew's analysis of the 2013 Panel Study of Income Dynamics, 10 percent of adult children received financial help from their parents for home purchasing, and 31 percent received funds for higher education. Of course the wealthiest families are most likely to provide these funds. Among adults raised in the wealthiest one-third of families, 52 percent received money from their parents for higher education and 61 percent received money for home purchasing. Among those in the least wealthy one-third, the comparable figures are just 14 and 6 percent.
"The safety net provided to households by friends and relatives," says Pew, "is a hidden dimension of the financial system and one that may reinforce existing advantages and disadvantages in family finances."
Source: The Pew Charitable Trusts, Extended Family Support and Household Balance Sheets
Friday, March 06, 2015
Children with Stay-at-Home Moms
Source: Census Bureau, Families and Living Arrangements: 2014, Children
Wednesday, May 28, 2014
1 Million Fewer Families with Preschoolers
The number of births peaked in 2007 and has been falling since then. The number of families with children under age 6 fell from 16.3 million in 2007 to 15.0 million in 2013.
Source: Census Bureau, Families and Living Arrangements
Wednesday, January 29, 2014
Why Everyone Needs Health Insurance
Thursday, November 28, 2013
Frequency of Family Dinners
Millennials: 52%
Gen Xers: 50%
Boomers: 62%
Older: 81%
Most Americans believe their family today has fewer family dinners than they did when they were growing up, with 55 to 60 percent of each generation feeling that way.
Source: Harris Interactive, Are Americans Still Serving Up Family Dinners?
Wednesday, August 28, 2013
Multigenerational Households: 2012
Minorities account for the majority of multigenerational family households. Here is the distribution of multigenerational households by race (alone) and Hispanic origin...
Asian: 7%
Black: 21%
Hispanic: 26%
Non-Hispanic white: 44%
Among both blacks and Hispanics, 8 percent of families are multigenerational. Among Asians the figure is 6 percent, and among non-Hispanic whites 3 percent.
Source: Census Bureau, America's Families and Living Arrangements: 2012
Saturday, February 23, 2013
Economic Status of Children
Less than $25,000: 23.1%
$25,000 to $49,999: 22.6%
$49,999 to $74,999: 17.1%
$75,000 to $99,999: 12.4%
$100,000 or more: 24.9%
Source: Census Bureau, America's Families and Living Arrangements: 2012