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Huge Share of Millennials Return Home After Moving Out

by Peter Thomas Ricci

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The past few months, we’ve reported on the many thorny issues facing Millennials – that their wages in many industries have plummeted in recent years; that their savings rate is negative; that they have pushed roommate rates up to all-time highs; and finally, that skyrocketing student debt is forcing them to stay at home.

And that final stat, courtesy of new analysis from the Bureau of Labor Statistics, has received a new, shocking set of complementary findings: that of the 90.2 percent of Millennials who move out of the home by age 27, 54.6 percent end up moving back home.

See our infographic below for the complete (and troubling) picture:

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