Market Perspective

American Households Are Evolving [INFOGRAPHIC]


There are over 1 million fewer nuclear family households today than in 2007.

Traditional nuclear household = married couple and their children

Today, young adults (ages 25-34) are most likely to live with parents, an unmarried partner, or a roommate.

And it's not just young adults: Nearly 15% of nuclear families live with a roommate or other family member.

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Sources:

[1] Apartment List, Reconfiguring The American Household, October 2019

[2] Mortgage Bankers Association, Builder Application Survey, August 2019

[3] U.S. Census Bureau, HUD, Monthly New Residential Construction, August 2019

[4] U.S. Census Bureau, HUD, Monthly New Residential Sales, August 2019

[5] CoreLogic, a data and analytics company, The MarketPulse, September 2019

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