Modern Love. Cohabitation on Rise in U.S.: Demographic Trends

(Bloomberg) -- Living together is become more popular than marriage for young American couples, according to Census Bureau data. Fifteen percent of people in the 25-to-34 age group shared quarters with an unmarried partner this year, up from 12 percent in 2008.

Among those between 18 to 24, cohabitation is more prevalent today than marriage with 9 percent living with an unmarried partner versus 7 percent living with a spouse. Fifty years ago, only 0.1 percent of people between 18 and 24-year and 0.2 percent between 25 and 34 lived with an unmarried partner.

Married couples do have an edge, though. More income.

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