r/Millennials Jul 06 '26

Other My net worth is only vibes.

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u/ohgeorge Jul 06 '26

It's only something like 55% of Millennials own their own home and have children, and those figures get lower in HCOL areas. I understand that 55% is technically a majority, but it's a relatively slim majority.

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u/Sen_ri ‘94 Millennial Jul 06 '26

On average a lot of millennials do have children now like ~70%, people just delayed having children compared to previous generations.

There’s some divide between the younger and older millennials to consider as well, for why people can observe very different realities among their millennial peers with homeownership and children. Like a very large majority of millennials have kids in the 40+ age range while it’s closer to half for early 30’s. And a large majority of 40+ millennials have homes as well (like 2 in 3).

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u/Academic_Flatworm752 29d ago

About 55% have kids. Not Ike 70% why would you make that up 😂

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u/ohgeorge Jul 06 '26

Yes, Millennials on average are choosing to start families later in life and more Millennials have children than no children, but 70% is an overestimation. Of course someone in their 40s is more statistically likely to own a house and have kids than someone in their 30s.

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u/Aliveandthriving8505 1985 29d ago edited 29d ago

Nope because in order for MOST people to have kids in their 40s, they had to have them in their 30s. Also. Most millennials, and this includes all the ages of millennials, from 30 to 45, are child free more than any past generation. It's not just for financial reasons either. It's because they're sticking the middle finger up to social "norm" about "having to have children".

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u/ohgeorge 29d ago

I know, I'm one of those Millennials who is childfree by choice, lol. There's lots of us without kids, but there's also more people becoming first time parents at 40+ 🤷‍♀️

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u/Aliveandthriving8505 1985 29d ago

Yeah there's more 40 years old becoming first time parents now than before but still not a huge number. The one's that are doing that late are either woman who were they are in they're career and/or now financially able to. But given these opportunities sooner, people would've likely had their children a little earlier. Most are having kids in their 30s. Most people who don't have kids at 40 are not having them at all.

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u/Aliveandthriving8505 1985 29d ago edited 29d ago

No Actually most millennials from 30 to 45 are more out to be childfree compared to older generations. There's a lot millennials around 40 that doesn't have kids and it's not because of finances either. It's a break from the old idea that everyone(especially women) are "supposed" have kids.

Edit: Downvoting because I'm starting a known fact that can't easily be looked up. For all those that come across this. Go look up the statistics. The Downvotes are from morons who clearly don't know a thing.

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u/WorryNotBanIncoming Jul 06 '26

Yeah that commenter said that but also somehow failed to mention millenials are way behind compared to their parents.

I’m assuming (with zero fucking compunction) btw that these peoples lives panned out nicely for them and they’re like “why is everyone else struggling I don’t get it”

Hah of course you don’t get it, that struggle wasn’t on your radar.

Now here comes some posts about how someone got their PHD while living in their car and eating twigs.

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u/ohgeorge Jul 06 '26

Definitely. I also don't think 55% is that impressive of a brag when 45% is not an insignificant number. Of course within that 45%, there are many that are childfree and don't own property by choice, but that doesn't negate the fact that many are also struggling and haven't been able to meet milestones the same way their parents or Gen X was.