New Mexico’s Young Adults Are Abandoning The Rental Market To Live At Home Longer

The current housing market presents significant challenges for young adults, marked by persistent housing shortages, job market fluctuations, and rising costs of living. These factors collectively make independent living increasingly difficult for many.According to the most recent Census figures, 33% of young adults aged 18-34 live with their parents, nearing the historic highs seen during the COVID-19 pandemic, as of 2025. This figure translates to 25.2 million adults under 35 living with their parents in 2025, according to Realtor.com® research.Moreover, a generational report by Realtor.com noted that a paycheck is no longer the clear dividing line between dependence and independence. This suggests that even with employment, many young adults struggle to afford the costs associated with establishing their own households.New Mexico's young adults face housing hurdlesA recent analysis by FinanceBuzz, utilizing Census data, sheds light on the percentage of 18- to 34-year-olds who are living with parents across the United States. These findings reveal a concerning trend for young adults striving for independence.In New Mexico, 33.20% of young adults aged 18 to 34 are living with thei...