These 11 metro areas have the highest percentage of millennials living on their own
REUTERS / Gonzalo Fuentes
Recently, there have been a number of stories about millennials moving back in with their parents. For millennial men, around 35% of them live with a parent, as opposed to 28% who live with a significant other, according to data from Zillow.
"With home prices and rents rising as fast as they are, it's a common assumption that young adults in many cases cannot afford to live alone," Svenja Gudell, chief economist at Zillow, said in a news release.
"Though that may be true in some markets, there's still a large number of amazing places across the U.S. that are prime for millennials to thrive independently"
And she's right. In some areas of the country, millennials have found a way to make living alone work.
In areas with a robust jobs market and relatively high incomes, millennials are moving out of mom's basement and into a place of their own.
The numbers are small, though. Only 8.9% of millennials live alone in the US, according to data from Zillow.
Read on to see some of the metro areas where millennials are beating the averages...
- Fresh photographs of Milky Way’s black hole Sgr A* reveal strong, twisted magnetic field similar to M87*
- 8 Lesser-known places to explore in Himachal Pradesh
- Markets end FY24 on buoyant note amid positive global cues
- SRM Contractors IPO allotment – How to check allotment, GMP, listing date and more
- Rupee falls 6 paise to settle at 83.39 against US dollar