--- title: Millennials Living With Parents at Record Rates description: More women are living at home today than in 1940 canonical: https://time.com/4108515/millennials-live-at-home-parents/ author: Charlotte Alter article:opinion: false article:content_tier: free article:published_time: 2015-11-11T21:20:59.000Z article:modified_time: 2026-08-04T07:45:12.170Z og:title: Millennials Are Setting New Records—for Living With Their Parents og:description: More women are living at home today than in 1940 og:url: https://time.com/4108515/millennials-live-at-home-parents/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt9ac2231854884689/6988709de20a871cada8e27d/millenial-parent-son.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 og:image:width: 5120 og:image:height: 2880 og:image:alt: 499550575 og:type: article twitter:card: summary_large_image twitter:title: Millennials Are Setting New Records—for Living With Their Parents twitter:description: More women are living at home today than in 1940 twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt9ac2231854884689/6988709de20a871cada8e27d/millenial-parent-son.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 ---  # Millennials Are Setting New Records—for Living With Their Parents > Sponsored content. 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Worth Your Time is TIME's culture recommendation newsletter, edited by culture editor Eliza Berman. Twice a week it surfaces the books, shows, films and ideas TIME's editors think are worth your attention, and explains why. It is free at time.com/newsletters. #### Does TIME have a culture newsletter? Yes. Worth Your Time is TIME's culture newsletter, published Tuesdays and Saturdays. #### Who writes TIME's culture recommendations? Culture editor Eliza Berman writes Worth Your Time, drawing on TIME's critics and culture desk. #### Is Worth Your Time free? Yes. It is a free newsletter available at time.com/newsletters. ## Video: What Millennial Women Need to Know About Money [Watch (HLS stream): What Millennial Women Need to Know About Money](https://cdn.jwplayer.com/manifests/lXN5b5cz.m3u8) (1:15)  _Published 2015-09-22. CNN's Chief Business Correspondent Christine Romans offers advice for millennial women._  by [Charlotte Alter](https://time.com/author/charlotte-alter/)  ## Charlotte Alter Senior Correspondent Nov 11, 2015 9:20 PM UTC  Thoughtful father and son in cottage Thoughtful father and son in cottage Getty Images  by [Charlotte Alter](https://time.com/author/charlotte-alter/)  ## Charlotte Alter Senior Correspondent Nov 11, 2015 9:20 PM UTC More young adults are living with their parents than at any time since 1940, [according to new data](http://www.pewresearch.org/fact-tank/2015/11/11/record-share-of-young-women-are-living-with-their-parents-relatives.). And for today’s millennials, it means that more than a third of young women and almost half of young men will have to say a sad goodbye to that dream of the Rachel-and-Monica-loft from _Friends._ The [Pew Research Center](http://www.pewresearch.org/fact-tank/2015/11/11/record-share-of-young-women-are-living-with-their-parents-relatives.) data shows that about 36% of women and 48% of men ages 18-34 lived with their families in 1940\. Young people started moving out mid-century as they became more economically independent, and by 1960 only 24% of young adults total—men and women—were living with mom and dad. But that number has been rising ever since, and in 2014, the number of young women living with their parents eclipsed 1940s—albeit by less than a percentage point. And last year 43% of young men were living at home, which is the highest rate since 1940\. There isn’t comparable data for the number of young people living at home before 1940. The large number of young men living at home can be largely attributed to economic factors. In 1940, many young men were staying in the nest because of the lingering effects of the Great Depression. But for women, the reasons for staying at home are very different. Young women in 1940 were less likely to go to college, and often stayed in their parents’ house until they got married—but they usually got married much earlier. In 1940, 62% of young women were married; in 2013, it was 13%. Back then, the average age at first marriage was between 21 and 22; today, it’s 27. Ironically, increased college education and later marriages might explain why more women are living at home. Women are five times more likely to go to college today than they were in 1940, but college is also much more expensive than it was then—and many college students may choose to stay with their parents to offset rising college costs. In 2014, 45% of women college students lived with their parents, according to [Pew](http://www.pewresearch.org/fact-tank/2015/11/11/record-share-of-young-women-are-living-with-their-parents-relatives.), compared to 33% of non-students. ## Transcript [ instrumental music ] Millennial women should know this about money: they bring more to the financial table at work and in their relationships than any other generation before them. So they should be ready to talk the talk with a potential partner much earlier. They should know how much student debt somebody has, how much credit card debt somebody has, what's somebody's Sort of money DNAs and that's not crass and it's not materialistic, women need to protect themselves and men do too, they should be having a conversation. At work women really need to assess out what the negotiation tactics are around them. I mean, there's this conventional wisdom that women don't negotiate the same way as men or bosses don't see women negotiating In the same light. There are some firms that are starting to experiment with not allowing for negotiation for a first salary so that you can level out women and men. I already see some really exciting movement here. When you look at census numbers for young childless college- educated women in major metropolitan areas in America, They already make a little bit more than men do, the men of the same category. So that's the only place in the world there isn't an income gap between men and women. Those are millennial college aged young women, and I'm excited about what they're gonna bring to the workforce and to investing. 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