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By age 25, the financial differences between young adults today and those in 1980 are narrower but still statistically significant. About two-thirds of 25-year-olds (66%) were working full time in 2021, compared with 73% in 1980. And 60% were financially independent in 2021, compared with 63% in 1980.
Parents’ relationship with their young adult children (Chapter 5) The findings in this report come primarily from two surveys using Pew Research Center’s American Trends Panel. 1 Both surveys were conducted from Oct. 24 to Nov. 5, 2023. The first included 3,017 adults with at least one child age 18 to 34. The second included 1,495 young ...
45% of young adults say they are completely financially independent from their parents. Among those in their early 30s, that share rises to 67%, compared with 44% of those ages 25 to 29 and 16% of those ages 18 to 24. 44% of young adults say they received financial help from their parents in the past year. The top two areas in which they got ...
Young adults in U.S. are much more likely than 50 years ago to be living in a multigenerational household. A quarter of U.S. adults ages 25 to 34 resided in a multigenerational family household in 2021, up from 9% in 1971. 1 2 3 … 5. Next Page →. Research and data on Younger Adults from Pew Research Center.
Young adults today are much more likely than their counterparts 30 years ago to be college graduates. Among young adults ages 25 to 29 today, 40% have completed at least a bachelor’s degree. This share is slightly higher among adults ages 30 to 34 (44%). By comparison, only 24% of young adults ages 25 to 29 and 30 to 34 had a four-year ...
There are notable age differences when it comes to assessing the circumstances of young adults today. While majorities across all age groups say young adults have it harder when it comes to buying a home, saving for the future and paying for college, Americans ages 18 to 29 are more likely than older age groups to say this.
Republican alignment is 10 percentage points higher than Democratic alignment (53% vs. 43%) among voters in their 60s. Voters ages 70 to 79 are slightly more likely to be aligned with the GOP (51%) than the Democratic Party (46%). About six-in-ten voters 80 and older (58%) identify with or lean toward the GOP, while 39% associate with the ...
A majority of young adults (59%) say their relationship with their parents is excellent or very good. And most (69%) say they can be their true self around their parents – but these views differ significantly depending on whether they’re answering about their mom or their dad. 31% of young adults say they rely heavily on their parents for ...
Young adults are less likely than middle-aged and older adults to say parents today are doing too much for their young adult children. About three-in-ten (31%) of those ages 18 to 29 say this compared with 55% of those ages 30 to 49 and more than six-in-ten of those 50 and older. White adults (62%) are more likely than black (46%) and Hispanic ...
For those with some college, median earnings rose to $40,000 in 2023 from $37,700 in 2014. For young women with a college degree, median earnings rose steadily from the mid-1980s until the early 2000s. By 2003, they reached $62,100, but this declined to $55,200 by 2014.