While it’s well-established that married parents are typically better off financially than unmarried parents, there are also differences in financial well-being among unmarried parents. For example, a much larger share of solo parents are living in poverty compared with cohabiting parents (27% vs. 16%).3 There are differences in the demographic profiles of each group as well. Cohabiting parents are younger, less educated and less likely to have ever been married than solo parents. At the same time, solo parents have fewer children on average than cohabiting parents and are far more likely to be living with one of their own parents (23% vs. 4%).
https://www.pewresearch.org/social-trends/2018/04/25/the-changing-profile-of-unmarried-parents/
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