Startling Statistics: Moving In With The Parents

“From 2007 to 2010, American households lost $11 trillion in real estate, savings, and stocks–including a third of the value of our homes.” 

Reader’s Digest

“Hard times mean record numbers of Americans–even older adults–are moving in with relatives.  ‘Doubling up’ has kept nearly two million people out of poverty and resulted in over 15 million multifamily households by March 2010, the highest number since 1968.”

Reader’s Digest

11.7% increase in the number of households containing more than one family from 2008 to 2010. 

U.S. Census

1/2 million people 35 and older who were forced to move back in with parents, siblings, or other kin from 2008 to 2010. 

U.S. Census

8% increase in the number of kids who’ve moved in with grandparents from 2009 to 2010. 

U.S. Census

1/3 of recent college grads are living with their parents & 17% are financially dependent on them. Most are in debt.

-Adecco

17 million Americans with college degrees are doing jobs that require less than the skill levels associated with a bachelor’s degree.

-New America

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One Response to “Startling Statistics: Moving In With The Parents”

  1. […] not with a spouse and/or children as part of the arrangement.  But with the current economy, more and more grown children are moving back in with their parents to make ends meet.  How are you going to survive this move if it happens to you?  Here are 10 tips for surviving […]

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