Urban Institute report: Millenials on track to have lowest rates of marriage by age 40

When it comes to marriage, members of the millenial generation are saying "I don't" more often than their elders.

When it comes to marriage, members of the

When it comes to marriage, members of the millenial generation are saying "I don't" more often than their elders.

BROOKLYN - When it comes to marriage, members of the millenial generation are saying "I don't" more often than their elders.

A new Urban Institute report says today's young American adults are on track to have the lowest rates of marriage by age 40 compared to any previous generation.

The report says that if the current pace continues, more than 30 percent of millenial women will remain unmarried by age 40. That's nearly twice the share of their Generation-X counterparts.

Experts point to several reasons behind the plunge in taking the plunge. More American couples are living together without getting married, and some are raising families. Researchers also say that while marriage used to be the starting point for young adults, many people now feel they should be more established, particularly financially, before they walk down the aisle.

The lower marriage rate could have an economic downside: married couples tend to be better off financially, which means they have more spending power.

advertisement | advertise on News 12

Trending Video

News 12 hit the streets of Brooklyn to 1 Word on the Street: Leggings on a plane
Police have released surveillance video of a suspect 2 Video shows Brooklyn deli shooting suspect
Crossfit isn't just for the gym, according to 3 Ready, Set, Fit: Crossfit at home
As News 12 has reported, Haste shot and 4 Officer quits to avoid firing after shooting of unarmed teen
Bay Ridge held its annual St. Patrick's Day 5 Bay Ridge holds annual St. Patrick's Day parade

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE