Almost 10 percent of young adults in Arizona still live at home
Dec 5, 2016, 9:03 AM | Updated: 2:59 pm
(Photo:Tom Story/ASU)
PHOENIX — According to a report by Pew Research Center, young adults are now more likely to be living with their parents than in any other living situation.
The report cites that recent college graduates from the 25-29 age range to 30-34 are also staying at home in record-high numbers.
Arizona ranks 34th among the states in the country in terms of the percentage of adults living at home at 9.7.
The age bracket that dominates the percentages is 18-22, with 48 percent of those young adults living at home, followed by 23-27 with 30 percent and 28-32 at 12 percent.
Even those young adults who are doing well at universities and attaining high-level degrees are struggling to move into their own living situation.
Twenty percent of those students who get their bachelor’s degree are living at home and 10 percent of those with a medical degree are with their parents. Even 8 percent of those with a masters degree are staying home.
The income of those living at home is also an issue. Fifteen percent of young adults living with their parents only earn up to $30,000.
A majority of the states that are near the top of the rankings are on the East Coast, where the cost of living is higher.