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MODERN FAMILIES

Who do Gen Z and Millennials live with in America?

A growing number of young people are living with parents or other relatives, leaving fewer “empty nesters”

David Crowther

As we enter the peak summer months, many students and newly-minted college graduates are taking their first steps into the big bad world of work. In decades gone by, a wave of weddings often followed and young newlyweds shacked up to leave a huge cohort of “empty nesters” behind. That is no longer the case.

In the late 1960s, nearly 40% of 18-24 year-olds lived with their spouse. Last year, just 6% did.

Indeed, data plotted from the Census Bureau (and inspired by reddit user u/theimpossiblesalad) reveals how dramatically the living arrangements of America’s youngest adults have changed in the last 50+ years.

Living arrangements of 18-24 year-olds

71% reported living with either their parents (56%) or other relatives (15%), making it the most common living arrangement by far.

Parent trap

For both cultural and financial reasons, young people are waiting longer to take those big traditional steps in life: the average age of a first marriage is rising, and the median homebuyer age has risen by a decade, to 49, in the last 20 years. If the current trend continues, more 18-24 year-olds will soon live alone than live with a spouse.

And, of course, a growing group of young adults continue to live with parents and other relatives well into their 20s and 30s.

Living arrangements 25-34 year-olds

Indeed, some 28% of America’s 25-34 year-olds also reported living with parents or other relatives in 2023.

Part of the reason, of course, is the crisis in housing affordability, as home-price-to-income ratios have increased in almost every single Metropolitan area in America since 1990.

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Saleah Blancaflor

Prediction markets show “One Battle After Another” leads in Oscar race for Best Picture

It’s finally Oscars week — and with voting officially closed, all that’s left to do is count the ballots and wait to see who wins this Sunday night. 

This year, the acting categories have been the most interesting to watch, especially the showdown between “Marty Supreme” star Timothée Chalamet and “Sinners” actor Michael B. Jordan for Best Actor. While Chalamet was long the favorite, Jordan has caught up and overtaken him after winning the Actor Award.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

But perhaps the most exciting race of all is for Best Picture. Out of the 10 nominees, the two at the top are Paul Thomas Anderson’s “One Battle After Another” and Ryan Coogler’s “Sinners,” both of which are studio releases from Warner Bros. Discovery

Which will win the top prize seems to be split among award pundits and experts. As of Monday afternoon, Gold Derby still has “One Battle After Another” as the front-runner with odds of 76.87%. AwardsWatch, AwardsRadar, and Numlock Awards are also still predicting that “One Battle After Another” will take the statue for Best Picture.

On the other side, reporters from some major trade publications like Variety’s Clayton Davis and The Hollywood Reporter’s Scott Feinberg predict that “Sinners” will take the top honor.

Odds in the prediction markets currently show that “One Battle After Another” is still ahead of “Sinners,” with the former priced in at 75% while the latter is priced at 23%.

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Saleah Blancaflor

Prediction markets show Jordan catching up to Chalamet following Actor Awards

The Screen Actors Guild hosted its Actor Awards on Sunday, with the film awards closely monitored ahead of the Academy Awards. The Best Supporting Actor and Actress races remain suspenseful as Sean Penn (One Battle After Another) and Amy Madigan (Weapons) took home the Actor Awards in those respective categories, shifting the odds in both markets predicting who’ll take home the Oscar.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

But the most exciting race is for Best Actor. Several award pundits and experts predicted that Marty Supreme star Timothée Chalamet was a lock for the Actor Award despite his loss at the BAFTA Film Awards the previous weekend. But a few suggested that either Blue Moonlead Ethan Hawke or Michael B. Jordan could receive the honor instead. And thats exactly what happened when the Sinners star was announced as the winner.

While some have pointed out that the Actor Awards arent a reliable signifier for who will win the Oscar (Demi Moore and Chalamet received the SAG honors last year, but didn’t win the Oscar), it certainly puts Jordan at a higher advantage and makes the Best Actor race closer than its ever been. Chalamet previously had a higher lead in the prediction markets, but markets are now pricing in a 49% chance he takes the Oscar while Jordan’s odds have risen to 40%.

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