Pew: Young Americans living with parents at 'highest rate since great depression'

For decades, it was the norm for young adults to leave their parents' homes and establish their own households, typically with romantic partners, reports the Wall Street Journal.

According to a recent Pew Research Center study, that is no longer the case.

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A review of census data revealed that in 2014 about 32% of Americans between the ages of 18 and 34 lived with their parents, the highest share since around 1940.

36% have sought other housing arrangements, but tend to live either alone or with roommates, notes CBS News.

Those who are cohabitating with spouses and domestic partners are at 31.5%.

While tough economic times are certainly a factor in the changing residential patterns of America's youth, there are social transitions at play as well.

According to Richard Fry, a senior researcher at Pew, people just aren't starting families at a young age like they used to.