Among those trends is the rising number of multigenerational households, i.e., households where at least two generations of adults live under one roof.
When isolating young adults, the percentages increase substantially. In fact, it was determined that just over 32% of 18-to-34-year-olds in the U.S. still lived with their parents as of 2016.
– Population age 18+: 50,432
– Adults living with their parents: 9,902 (19.6% of population, 6.8% higher than the national average)
— Adults 18-34: 7,375
— Adults 35-64: 2,527
— Adults 65+: 0
– Median individual full-time income: $40,780 (13% lower than the national average)
– Median gross rent: $1,103 (9% higher than the national average)
– Population age 18+: 134,492
– Adults living with their parents: 26,494 (19.7% of population, 6.8% higher than the national average)
— Adults 18-34: 21,015
— Adults 35-64: 5,479
— Adults 65+: 0
– Median individual full-time income: $47,378 (1.1% higher than the national average)
– Median gross rent: $1,378 (36.2% higher than the national average)