Multigenerational Housing on the Rise in the U.S.

Posted by Mike & Michelle Grizzell on Saturday, June 29th, 2019 at 8:57am.

Tampa Multigenerational Real EstateDespite an improving economy, multigenerational housing remains on the rise. Recent estimates suggest about 20-percent of the U.S. population lives with multiple generations under a single roof. 

That’s according to analysis from the Pew Research Center, which looked at households including at least two adult generations, or grandparents with grandchildren under the age of 25. According to research, it’s a trend that currently transcends almost every racial group, age group and gender, although it appears to be a more common trend with Asian and Hispanic households. Both populations are currently growing in the United States. 

One change that researchers have noticed is more young adults living in multigenerational households than before. Women are also slightly more likely than men to live in this type of situation. 

Although the numbers continued a downward trend between 1950 and 1980, they’ve only climbed since then, including a sharp increase during and after the Recession. As late as 2016, a record 64 million people in the United States lived in multigenerational households.

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