Seniors Joining Millennials in Ranks or those Living with Relatives

While the percentage of Millennials (ages 18-31) moving back with their parents rose from 34 percent in 2009 to 36 percent in 2012, as MHProNews reported Aug. 6, 2013, reports multi-generational living is going in another direction as well: The number of seniors living with their children and other relatives is also on the rise, although it depends upon the native origins of the seniors. According to HousingWire, 25 percent of foreign-born seniors live with family members as compared to only six percent of those native-born. But it depends upon the country of birth. Seniors from India, Vietnam and Haiti rank the highest in terms of the likelihood of multi-generational households.

(Photo credit: Department of Housing and Urban Development)

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