Millennial men more likely to live chez Mom and Dad

The number of millennials — those ages 18-31 — living at home with their parents rose to 36 percent last year — the highest percentage in four decades. But the men in this age group, also known as Generation Y, were more likely to live with mom and dad than Gen Y women: 40 percent vs. 32 percent.

Reasons behind the trend vary. Men marry about two years later than women on average, and both sexes are marrying later. Women also tend to enroll in college more often and finish at a faster pace than men, potentially boosting their chances of employment and self-sufficiency, MarketWatch reported.

Source: MarketWatch