Parenting in America | The link between family structure and financial circumstances

The dramatic changes that have taken place in family living arrangements have no doubt contributed to the growing share of children living at the economic margins. In 2014, 62% of children younger than 18 lived in a household with two married parents – a historic low, according to a new Pew Research Center analysis of data from the U.S. Census Bureau. The share of U.S. kids living with only one parent stood at 26% in 2014. And the share in households with two parents who are living together but not married (7%) has risen steadily in recent years.1

These patterns differ sharply across racial and ethnic groups. Large majorities of white (72%) and Asian-American (82%) children are living with two married parents, as are 55% of Hispanic children. By contrast only 31% of black children are living with two married parents, while more than half (54%) are living in a single-parent household.

The economic outcomes for these different types of families vary dramatically. In 2014, 31% of children living in single-parent households were living below the poverty line, as were 21% of children living with two cohabiting parents.2 By contrast, only one-in-ten children living with two married parents were in this circumstance. In fact, more than half (57%) of those living with married parents were in households with incomes at least 200% above the poverty line, compared with just 21% of those living in single-parent households.

 

Read More Here