Millennials aren't moving – to other places, or out of their parents' home
Millennials are staying put longer than other generations.
Pew Research studied U.S. Census data regarding where millennials live and how often they move. The website released its findings Friday, saying 25 to 35-year-olds today aren't moving – not even out of their parents' house.
In 2016, 15 percent of 25 to 35-year-olds reported living at home with their parents. That's 5 percent more than Generation Xers in 2000, and 7 percent more than early boomers in 1981.
And based on the findings, Pew says it's not because millennials aren't finding jobs. In fact, as unemployment rates dropped over recent years, the percentage of young adults living with mom and dad went up.
However, less educated young adults reported living at home more often than those with a college degree. Pew Research says 10 percent of millennials with a bachelor's degree reported living at home in 2016. That's compared with 20 percent of young adults with a high school diploma.
Not moving far
The data also shows millennials who do move out of their parents' house don't move much after that.
In 2016, just 20 percent of millennials reported having lived at a different address one year earlier. That's compared with 26 percent of 25 to 35-year-olds in 2000 and 27 percent in 1990.
It's also more common for young adults to move out, then move back with parents for long periods of time.
Research found the median amount of time millennials live with their parents – after having moved out at least once – has increased to three years. That increased by six months from 2005 to 2013.