Almost 70% of 25-year-olds still living with their parents

Research from the Central Statistics Office (CSO) shows 62.4 per cent of 25-year-olds are still living in the family home for financial reasons.

69.9 per cent of 25-year-olds were still living in the parental home, with this figure as high as 82.4 per cent in the Mid-East region, which includes Kildare, Louth, Meath, and Wicklow.

Of those employed, 69.5 per cent lived in their parental home. For 25-year-olds who let their parental home, 71.7 per cent lived in the same region they did when they were aged nine.

Since this research had taken place, one in eight 25-year-olds has emigrated. Of those who took part in this survey, only 3.8 per cent owned their own home.

Finances

This research on the finances of 25-year-olds in Ireland showed 85 per cent were in regular employment with a median or mid-point weekly income of €558.

A gender pay gap was already developing at this age, with men earning a weekly income of €589, compared to €525 for women.

60 per cent of respondents had…

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