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More millennials lived with parents as adults than boomers at same age: StatCan
Statistics Canada said millennials also had the lowest homeownership rate at 49.9%, as fewer were married or had children.
- Statistics Canada reports millennials aged 25 to 39 were nearly twice as likely to live with parents as boomers, with 16.3 per cent living with parents in 2021 compared with 8.2 per cent of boomers in 1991.
- The proportion of millennials living with parents was highest in Toronto and Vancouver, while nationally the rate for millennials aged 25 to 29 doubled to 31.1 per cent in 2021, up from 15.7 per cent in 1991.
- Home ownership among millennials stood at 49.9 per cent in 2021, failing to match the 55.9 per cent rate boomers achieved in 1991, with declines most prominent in Halifax, Toronto, Winnipeg, and Vancouver.
- StatCan observed a notable decline in Canadians living with a spouse, partner, or child, falling to 62.8 per cent in 2021 from 74.4 per cent in 1991, as millennials aged 25 to 29 were 31 per cent less likely to live with partners.
- The agency reports gradual growth in younger adults living with parents without a spouse, partner, or child over time, a pattern that held consistently across eight large metropolitan cities.
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Millennials Twice as Likely to Live With Parents Compared With Boomers at the Same Age
Millennials are nearly twice as likely to live with their parents as baby boomers were when they were younger adults, government statistics show. A new report from Statistics Canada looks at data from three census cycles to investigate the housing market outcomes of millennials compared to Gen-Xers and baby boomers. Gen X includes people born between 1965 and 1980, while baby boomers are those born between 1946 and 1964. It found that 16.3 perce…
·New York, United States
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A new Statistics Canada analysis shows that millennials aged 25 to 39 in 2021 are almost twice as likely to live with their parents as baby boomers at the same age.
·Montreal, Canada
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Total News Sources33
Leaning Left17Leaning Right4Center4Last UpdatedBias Distribution68% Left
Bias Distribution
- 68% of the sources lean Left
68% Left
L 68%
C 16%
R 16%
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