Skip to main content
  1. Home
  2. Smart Home
  3. News

Where does your child live? 1 in 4 millennials still live with their mom

Gia Liu
By

If your millennial child is still living in your basement, better be prepared for the long haul. According to a Zillow report, nearly one in four millennials are still living with their mother. In analyzing U.S. Census data from 2005 to 2016, the real estate database company zoned in on families that include a mother and a younger resident between ages 24 and 36, living in the country’s 50 largest metros. The study revealed that across the country, an average 23 percent of millennials don’t have to go much further than down the hall to see their mothers, USA Today reports.

While the Netflix-watching, social media-loving generation has become the butt of many a joke over the years, the truth is that millennials may be opting to live at home simply because they can’t afford to move out. Housing prices are increasing faster than their wages all over the country. According to The Mercury News, a median-priced home in San Jose, Sunnyvale, or Santa Clara, California, will cost buyers $1.27 million. Homes that cost less than $1 million are harder and harder to come by in the competitive real estate market of the San Francisco Bay Area. In Honolulu, Hawaii, which is one of the hottest housing markets in the world, a median-priced dwelling is $760,600. In Boulder, Colorado, where the median household income is $74,615, buyers will pay $546,000 for a median-priced abode.

Recommended Videos

Further, many recent college graduates are still paying off student loan debt. According to the National Association of Realtors, more than four out of five people between the ages of 22 and 35 who aren’t yet homeowners and have loan debt, blame their student loans as the primary reason why they haven’t bought a house. With so much student debt to pay off, adding a mortgage payment to the equation may seem inadvisable, especially when mom has a perfectly good basement that isn’t being used.

Related

The percentage of millennials still living with their parents does vary depending on the metro. In Miami-Fort Lauderdale, Florida, 33.4 percent of millennials still with their mothers. In Houston, it’s 22.3 percent, and in Dallas-Fort Worth, 19.7 percent live at home. So if you’re a parent who is hoping for your son or daughter to move out soon, you might have a little longer to wait.

Editors' Recommendations

Topics
Gia Liu
Gia Liu
Former Digital Trends Contributor
Keep an eye on your pet or child with Fynd, the 4G LTE tracking device
Fynd

Currently on Indiegogo, Fynd is a tracking device that runs on Sprint's 4G LTE coverage. While most Bluetooth trackers don't work beyond 100 feet, this tracker has unlimited nationwide range.

With Fynd, you can track down your child, pet, or valuable item in real time to see the precise location and if it's moving or stationary. The device also tells you the speed of how fast or slow your subject is moving, along with the ambient temperature of your child or pet to make sure it is at a comfortable level.

Read more
Samsung’s new Frame TV transforms your living room into a 4K art gallery
A Samsung Frame TV hangs on a wall.

Since the first flat panel TVs were introduced, the holy grail of television (at least in the mind of manufacturers) has been a TV that didn’t look like a TV, but instead looked like a piece of framed art on the wall – a window to another world, if you will. It’s a tact that has been tried before, but Samsung’s new Frame TV (yes, that’s its name) perhaps strikes closer to this target than any of its predecessors. And you know what? It’s not even outrageously expensive.
In true art gallery fashion, the Frame TV is sold in two pieces: The display panel itself is available in a 55-inch model at $2,000, and a 65-inch model at $2800. But if you want it to look like art, you’ll need to buy one of the bezels available in white, beige, and walnut – think of it as the frame for your painting – for $200 or $250, respective to size.
Lest we be too quick to dismiss this as another gimmick, we must point out that Samsung has gone to great lengths to make this TV look like art – we’ve seen it in action, and it is convincing. Adding to the suspension of disbelief is Samsung’s Invisible Connection cable, a fishing line-like fiber optic cable that delivers the video signal from common components like a cable box, Blu-ray player, or Roku, also found in the company’s QLED TV line. Samsung also ports over its no-gap custom wall mount system for the Frame TV, so there will be no tell-tale gap between the TV and the wall.
An "Art Store" is also available for the display with a growing collection of works to choose from, numbering around 100 already. Frame TV owners can purchase works from “established and emerging artists, curated by several international organizations, galleries and museums, including Artspace, LUMAS, Magnum Photos, Saatchi Art and Sedition,” according to Samsung. The digital art will run $20 per piece, or an annual subscription is available for $5 per month.
When the TV isn’t being used as a … you know … TV, it goes into “art mode,” and changes its processing so that the still image really does look like art. Motion sensors will detect when nobody is present in the room, and the TV will go into a power saving mode until motion is detected, at which point the TV will reactivate. This is still a TV, though, and you can expect the best of Samsung’s technology here, including 4K Ultra HD resolution, wide color gamut, and HDR10 support.
The Frame TV will be available starting at $2,000 beginning Sunday, June 18.

Read more
Ubisoft’s E3 2017 press conference goes live at 4 p.m. ET/1 p.m. PT, watch it here
'For Honor' review

Over the last five years or so, Ubisoft has become the master of the E3 press conference. With the always-charismatic Aisha Tyler introducing the publisher's upcoming lineup of blockbuster games, past shows have given us first looks at games like Ghost Recon: Wildlands, Watch Dogs, The Division, and Rainbow Six Siege, all of which came as surprises and put a bow on the end of the show. We expect Ubisoft to have a few surprises in store for this year's show as well, so you're not going to want to miss it. Here is how you can stream the Ubisoft E3 2017 press conference.

What to watch for
Ubisoft's 2016 was relatively light, with Watch Dogs 2 filling the void left by Assassin's Creed's absence and Steep arriving just before the end of the year. This year has already been huge for the publisher with the launch of both For Honor and Ghost Recon: Wildlands, and we expect to hear more information on those games' post-launch support during the show. For Honor will likely gain additional maps, characters, and potential single-player storylines, while Ghost Recon: Wildlands will likely get more cooperative story content and a more substantial competitive multiplayer component.

Read more