Study: More Millennials Living With Mom In A Decade

Mom and son

Many millennials have a lot to thank their mothers for this Mother's Day.  A new analysis by Zillow shows  nearly 25-percent of them are living with their mom.  That's about  12-million people between the age of 24 and 36, and the highest number  in a decade.  Almost 12-percent of the millennials living with their  moms are unemployed.  The areas with the most millennials living with  their mom are New York, Miami, and Los Angeles.  Zillow say the  situation may be due to housing costs rising faster than incomes.

Photo: Getty Images


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