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These 11 metro areas have the highest percentage of millennials living on their own

Seth Archer   

These 11 metro areas have the highest percentage of millennials living on their own
Stock Market1 min read

Millennial living alone reading

REUTERS / Gonzalo Fuentes

A man poses in his bedroom during a photo session after an interview in a disused food wholesale facility in Argenteuil, near Paris.

Living in your mom's basement is more than a stereotype now.

Recently, there have been a number of stories about millennials moving back in with their parents. For millennial men, around 35% of them live with a parent, as opposed to 28% who live with a significant other, according to data from Zillow.

"With home prices and rents rising as fast as they are, it's a common assumption that young adults in many cases cannot afford to live alone," Svenja Gudell, chief economist at Zillow, said in a news release.

"Though that may be true in some markets, there's still a large number of amazing places across the U.S. that are prime for millennials to thrive independently"

And she's right. In some areas of the country, millennials have found a way to make living alone work.

In areas with a robust jobs market and relatively high incomes, millennials are moving out of mom's basement and into a place of their own.

The numbers are small, though. Only 8.9% of millennials live alone in the US, according to data from Zillow.

Read on to see some of the metro areas where millennials are beating the averages...

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