1 in 3 Young Professionals Live With Their Parents

Based on a survey of 1,000+ U.S. workers ages 18–33, Zety’s new Boomerang Kids Report finds that 1 in 3 (34%) live with their parents, driven largely by soaring housing costs (62%) and low salaries (38%).

Key findings:

• 45% currently live with family — 34% with parents, 11% with other relatives.
• 37% don’t feel comfortable telling coworkers or managers they live at home.
• 55% believe living at home undermines their professional credibility, and 43% fear it could limit promotion opportunities.

Something to definitely discuss with your students as they embark on the next stage of their lives.