More young adults in New York are still living at home. The reasons behind this trend may not surprise you.
New York ranks among the top in the nation for young adults living at home.
New Jersey Leads The Nation
Kathleen Gail
Kathleen Gail
However, New Yorkers can be proud, we aren’t number 1 in this category.
Neighboring New Jersey leads the nation in the number of young adults living at home with their parents.
According to a new study from Visual Capitalist, 44 percent of New Jerseyans ages 18 to 34 are living with their parents, compared to 33-percent nationwide.
New York State Ranks In The Top
New York State ranks 8th overall. 35.9 percent of young adults living in New York State live with their parents.
For all the news that the Hudson Valley is sharing, make sure to follow Hudson Valley Post on Facebook, and download the Hudson Valley Post Mobile App
It’s much higher in New York City. Nearly 80% of Gen Z adults still live with their families.
Songquan Deng
Songquan Deng
Why Young Adults Are Still Living With Their Parents
There are several key reasons as to why young adults are forced to stay with their parents.
Often, starting salaries can’t compete with the high cost of living in New York State.
Plus, the cost of owning a home in New York State is sky-high. The median sales price of a home in New York reached a record $451,000 in late 2025.
Renting is almost as bad, if not as bad. As of early 2026, the average rent in New York State is approximately $2,385 to $2,418 per month.
Job market uncertainty, inflation, and student loan debt are fueling the young adults at home trend, driving demand for in-law suites and finished basements with separate entrances.
Beyond just housing, 45 percent of New York parents report providing some form of financial assistance to their adult children, regardless of whether they live at home.
The 10 Cheapest Counties To Live in New York State.
The 15 Most Expensive Zip Codes In New York
The 20 Most Expensive Neighborhoods To Live In New York State
You might be shocked to learn how much the average home price is in New York’s most expensive neighborhoods. Property Shark looked at the median sale price for homes in each neighborhood to craft the list.
New York Counties With The Highest Property Taxes
New York Counties With The Highest Property Taxes
The homeowners in which New York counties pay the most in property taxes? See the answer to that as well as how our Southern Tier counties stack up (info pulled from Tax-Rates.org).
