economy

Not so empty nesters: record-high number of US adults under 35 live at home, new data says

Data shows that the increase in at-home living stems from high housing costs rather than labor market conditions

Not so empty nesters: record-high number of US adults under 35 live at home, new data says

TL;DR

  • A record 25.2 million US adults aged 25-35 lived with their parents in 2025.
  • High housing costs, not labor market conditions, are the primary driver of this trend.
  • National median asking rent is 18% higher than pre-pandemic, and home listing prices are 34% higher.
  • This co-residence pattern has increased significantly since the early 2000s.
  • Young adults are delaying first-time homeownership, with the typical buyer now aged 40.
  • The trend also affects parents, potentially delaying retirement and impacting savings.
  • Reduced engagement with the starter home market tightens supply and exacerbates affordable housing struggles.
  • Inflation reaching a three-year high further delays prospects of moving out.