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Pew: Millennials are staying put more than previous generations

FILE - In this Saturday, May 31, 2014, file photo, members of the graduating class and faculty attend the Savannah College of Art and Design commencement in Atlanta. For the first time on record, living with parents is now the most common arrangement for Americans ages 18 to 34, an analysis of Census data by the Pew Research Center has found. The sharp shift reflects a long-running decline in marriage age, amplified by the economic upheavals of the Great Recession. The trend has been particularly evident among Americans who lack a college degree. (AP Photo/John Amis, File)
Members of the graduating class and faculty attend the Savannah College of Art and Design commencement in Atlanta.
(
John Amis/AP
)
Listen 18:50
Pew: Millennials are staying put more than previous generations

A recent Pew Research Center report has looked at the migration patterns of the Millennial generation, and the results might surprise you.

Despite being mostly unmarried, childless, and living without a mortgage, many in that generation are opting to stay put in one place.

According to the report, 20% of those between the ages of 25 to 35 changed addresses in 2015, compared with 26% of those in the Generation X group when they were asked the same question in 2000.

What factors are driving this trend? Larry speaks with Richard Fry, senior research at Pew who conducted the analysis.

Guests: 

Richard Fry, senior researcher at Pew Research Center behind the new study

Jason Dorsey, founder of the Center for Generational Kinetics, a research firm specializing in Millennials and Gen Z marketing