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Wednesday, November 18, 2020

47% of Hawaii adults live with roommates

By News Release @ 11:39 AM :: 6810 Views :: Honolulu County, Hawaii Statistics, Cost of Living
 

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Cities whose residents are most likely to live with roommates

From Porch.com Nov 18, 2020 (excerpt)

Household size in the U.S. is inching up for the first-time in over a century due to lower housing inventory and skyrocketing rents. Accompanying this trend is the increase in “doubled-up households”—defined as households having one or more adults in addition to the head of household and spouse or partner. Doubled-up households often include an adult child living at home, two related or unrelated families residing together, or a parent living with an adult child. According to data from the U.S. Census Bureau, about one-third of adults live in doubled-up households nationwide.

While many young adults in expensive cities rent housing together to save money, the typical doubled-up household consists of adult family members living together in a house that one of them owns. In fact, over three-quarters of doubled-up households are comprised of family members only. The Great Recession brought with it an increase in doubled-up households, with the total number increasing by nearly 5 million from 2007 to 2011. Young adults were particularly hard-hit—an additional 1.2 million adults aged 25 to 34 were living with their parents in 2011.

The share of adults living in doubled-up households varies significantly on a geographic level depending on cost of living and demographic composition. Large, expensive metropolitan areas tend to have more doubled-up households, as do locations where multi-generational living is more common. At the state level, Hawaii and California residents are the most likely to live with roommates. In Hawaii, over 47% of adults live in doubled-up households while almost 45% of Californian adults do. Conversely, Iowa and North Dakota residents are the least likely to live with roommates. Just 19.2% and 16.8% of adults living in Iowa and North Dakota, respectively, live in doubled-up households….

read … https://porch.com/...

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