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Millennials Now Top U.S. Caregivers Amid Multigenerational Boom

7/31/2026

27 5 Full Breakdown

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Story summary
  • Millennials are providing eldercare for Baby Boomer parents despite online claims they will refuse.
  • Caregiver numbers rose 32% from 18.2 million in 2011 to 24.1 million in 2022, per the Population Reference Bureau.
  • Adult children represent about 40.7% of U.S. caregivers, the largest share.
  • About 66 million Americans—roughly one in four—live in multigenerational households, a condition amplified by a 3 million-home deficit that forces many Zoomers and millennials to stay with parents.