Record rise in young adults living with their parents
Young people have been hit particularly hard by the pandemic and furlough scheme, with many choosing to move in with their parents to avoid high rental fees and deal with the precarious job market.
It’s not as though this is a new problem; high rent prices have been a major issue for young adults before this pandemic, with property prices increasing at a faster rate than incomes, causing many young people to remain at home with their parents as they struggle to get onto the property ladder.
In fact, since 1997 property prices have increased by over 173% in England whereas real incomes for 25-35 year olds have increased by just 19%. To understand how this has impacted the share of young adults living with their parents, we have analysed data from the Office of National Statistics (ONS) on living arrangements for young people.
How many young adults live with their parents?
The data shows a significant rise in young adults aged 15-34 living with their parents since 1996. There has been a 17% rise in young adults living with their parents, with a larger rise in the female population (20%). However, the statistics show that young males are more likely to be living with their parents than females.
Almost half of males (47%) aged 15-34 live with their parents today, an increase of 15% since 1996. In comparison, 36% of females aged 15-34 were found to be living with their parents in 2020.
When looking at 20-34 year olds, the statistics show the number of this population living with their parents since 1996 has risen by one-third. Today, over a quarter (28%) of this age group live with their parents, with this figure made up of over one-third (34%) of males aged 20-34, compared to 22% of females. There is an average of 37% more males living with their parents aged 20-34 than females across the UK.
For adults aged 30 and above, the data shows there has been a 67% increase in the number of females aged 34 years old living with their parents. An estimated 289,000 males aged 30-34 (64% of the population) are living with their parents in the UK, this figure is almost three times higher than the 97,000 females (or 22%) of the same age group living at home.
How does this apply to regions?
When we apply this to cities across the UK, we can see that Birmingham has the highest number of 20-34 year olds living with their parents, with an estimation of over 62,000 young adults. This is followed by Leeds and Glasgow which have over 43,000 and 34,300 respectively.
Sheffield, Cornwall and Manchester have over an estimated 30,000 young adults aged 20-34 living with their parents, perhaps surprising since Manchester holds the second highest number of students in the UK.
Kelly Grigg, Consultant Family Law Solicitor at Richard Nelson LLP commented:
“The number of young adults living with their parents has grown by over 1.1 million since 1996, reaching a peak in 2020. The pandemic has increased this trend, however, the data shows that this is not a new phenomenon. The increasing difficulty for young adults to get onto the property ladder and navigate the job market has caused a trend in adults moving back into their family home over the past two decades.
“The data shows that males are statistically more likely to live with their parents than females, with almost half of males aged 15-34 living with their parents. For families, having their children move back into their home can require an adjustment as they decide whether their children will pay rent, contribute to bills and take on household chores and responsibilities. For young adults, sharing a home with parents can also cause issues around privacy, particularly as children grow up.
“However, with the gap between rent prices and real wages increasing, we are expecting to see the number of young people living with their parents continuing to rise.”
What did the data show?The table with ID 3 not exists.
To assess the number of young adults living with their parents in the UK aged 15 to 34, we analysed data from the ONS from 1996 to 2020. We analysed this data to understand the increase in young adults living with their parents and were able to split the figures for both ages and genders.
We combined the ONS data with regional population data to gain an estimate of how many young adults in each city live with their parents.