America’s Multigenerational Households Rise as Housing Crisis Bites
Summary
More Americans are living in multigenerational households, where multiple generations of a family live under one roof. This trend is growing because high housing and childcare costs make it more affordable for families to share a home.Key Facts
- Nearly 4 million U.S. households are multigenerational as of 2024, up from 4.3% of owner-occupied homes in 2019 to 4.5%.
- A typical multigenerational household has about five people living in a four-bedroom home with a median annual income of $131,000.
- The share of multigenerational households in the U.S. increased from 7% in 1971 to 18% in 2021.
- Higher housing prices and childcare costs encourage young people to live with parents or grandparents to save money.
- Multigenerational households are most common in urban areas on the West Coast and East Coast.
- About 45% of people in multigenerational households are White, 25.8% Hispanic, 13.5% Black, and 11.1% Asian.
- Homes suited for multigenerational living (with features like guest houses or in-law suites) sell for a median price of $709,000, which is 65% higher than regular homes.
- California cities like Los Angeles, San Diego, and San Francisco have the highest number of multigenerational home listings.
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