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American state where young people live at home with their parents the most, revealed
Moving out of your family home once you turn 18 may be a conventional norm, but a recent study shows a significant number of young adults in America still living with their parents.
The results from a new study help detail how the issue is often circumstantial for people between 25 and 34 years of age who are sharing a house with their parents.
American states where young adults are still living with parents
The National Association Of Home Builders Discusses Economics And Housing Policy conducted a study to find the percentage of young adults in the United States still living with their parents.
Different states were considered in the study to determine the households in the United States that constitute people aged 25 to 34 years and other members of the family across all age groups.
The data showed Hawaii has the most number of young adults, with about 28.1% still living in parental homes, followed by California at 26.2%.
New Jersey has the next-highest number of young people living with parents at 25.9%, followed by New York and New Hampshire at 23.4% and 22.9%, respectively.
The study found that states like North Dakota and neighboring South Dakotas had very few young adults sharing homes with their families.
While North Dakota records 4.6%, South Dakotas is the next lowest at 9.1% of people in their late ’20s and early ’30s living with parents.
The reason why two or more generations are sharing homes
The cost of living in coastal areas of the United States is way higher, thus keeping young adults in their parental homes with shared expenses.
The study further determined the cost of living from state to state and compared it with the above results to find that they were directly related.
States, where homes are “unaffordable” to buy or rent and cost 30 percent or more of the income, saw more young adults living in parental homes.
Hawaii is the most expensive US state to live in owing to the limited availability of land. Most of the goods are more expensive in Hawaii than in other regions because they are shipped into the state, naturally increasing the cost of living.
California comes next on the list, as the cost of living in this state is 38% higher than the national average and housing is 97% higher than the national average.
