Multi-generational living is becoming more common as Baby Boomers age and move through retirement.
Data from the 2009 – 2011 American Community Survey (ACS) reported that 4.3 million households were multi-generational. That’s 5.6% of the total of 76.4 million family households with more than one person. While this is a small percentage, it represents a significant increase in the share of multi-generational households. The increase is from 3.7% of total family households in 2000 and 4.0% of total family households in 2010. So not only is the percentage higher, the rate of increase is also growing. Continue reading →