Working Adults More Likely to Live with Roommates

Recent data by Zillow suggests that we might all soon be living like the Golden Girls (original author's joke).
November 5, 2014, 12pm PST | James Brasuell | @CasualBrasuell
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"A Zillow study shows that nearly a third of working adults ages 23 to 65 are doubling up—an increase of 25 percent since 2000," according to a post by Mike Dang for the Billfold. Doubling up "means finding roommates to split the rent," according to Dang. Here's how a Zillow press release announcing the study defines it: "We define a doubled-up household as one in which at least two working-age, unmarried or un-partnered adults live together. Under this definition, a 25-year-old son living with his middle-aged parents is a doubled-up household, as is a pair of unmarried 23-year-old roommates. This definition captures the households that under different circumstances contain adults who could or would choose to live apart."

Dang also shares "a handy chart of large metro areas in the U.S. with the percentage of working adults who are doubling up, as well as their median incomes (those with roommates in New York, for example, have median incomes of $35,000 a year)." The press release includes a few more graphs for your visualization purposes.

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Published on Tuesday, November 4, 2014 in The Billfold
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