by Nena Perry-Brown

14th Street. Photo by Ted Eytan.

The percentage of millennials in the DC region who live with their parents has shot up in the last 15 years.

A Zillow analysis released on Monday shows that, in the DC area, 21.6 percent of millennials, defined as being 23-37 years old, live with their mothers — more than one in five. By comparison, 12.5 percent of DC-area adults in that age bracket lived with their mothers in 2005.

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The one-in-five proportion is on par with the rest of the country, as 21.9 percent of millennials live with their moms nationwide, a record-setting share for the 21st century. Since 2001, the share of 23-37 years old living at home has more than doubled, from 6.8 million (11.7 percent) to 14.3 million.

While housing affordability has a lot to do with it, the median rental in the DC area only requires 25 percent of a typical renter's income, well below the generally-accepted affordability threshold of 30-35 percent. The DC area is faring better than many other high-priced rental markets as far as millennials not living with their moms, as at least 31 percent of 23-37 years olds in markets like Miami, Los Angeles and New York City still live at home.

Recent studies have revealed that this generation of renters need to save money for a down payment 1.5 years longer than renters did 30 years ago, and that those who live with their parents without paying rent are able to afford a down payment three years sooner than rent-payers.

The report, which uses American Community Survey data and Zillow's Rent Index, also notes that some millennials may actually be hosting their parents in their households.

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This article originally published at https://dc.urbanturf.com/articles/blog/one-in-5-dc-area-millennials-lives-with-mom/15364