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IPFS News Link • Economy - Economics USA

More adult Americans live with their parents and grandparents

• http://www.marketwatch.com, By Quentin Fottrell

Despite the end of the Great Recession, there's been a surge in multigenerational households.

Both the number and share of Americans living in multigenerational family households has continued to rise in recent years, according to a new study by the Pew Research Center, a nonprofit think tank in Washington, D.C. In 2014, a record 60.6 million people, or 19% of the U.S. population, lived in a multigenerational household, up from 42.4 million (17%) in 2009 and 27.5 million (12%) in 1980. Multigenerational families — households with two or more adult generations, or one that includes grandparents and grandchildren — is growing among nearly all racial groups and age groups, says D'Vera Cohn, a senior writer and editor at Pew.


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