35 Profitable Side Hustles For Stay-at-Home Moms and Dads

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In this article, we will look at the 35 profitable side hustles for stay-at-home moms and dads. We have also discussed the employment trends for parents in the US. If you want to skip our detailed analysis, head straight to the 10 Profitable Side Hustles For Stay-at-Home Moms and Dads

In recent years, the landscape of stay-at-home parenting in the United States has witnessed important shifts. According to Pew Research Center's analysis, approximately 18% of parents in 2021 didn't engage in paid employment which is quite consistent with the levels observed in 2016. However, the distribution between stay-at-home mothers and fathers is disparate as 26% of mothers and 7% of fathers assume this role. 

Over a three-decade span from 1989 to 2021, the dynamics of stay-at-home parenting have also evolved, particularly concerning fathers. The proportion of stay-at-home dads has increased, comprising 18% of such parents in 2021. Reasons for not working outside the home may vary between genders. For example, a majority of stay-at-home moms attribute this preference owing to their caregiving responsibilities, while dads mention a broader array of factors such as illness, disability, retirement, inability to find work, or educational pursuits.

Demographically, stay-at-home dads differ largely from their working counterparts. They are less likely to hold a bachelor's degree and are more economically disadvantaged, with 40% living in poverty compared to 5% of working fathers. Moreover, stay-at-home dads tend to be older and more racially diverse than dads engaged in paid employment. 

Moroever, research indicates that the decision to become a stay-at-home parent involves weighing different factors. While 60% of Americans believe a child benefits from having at least one parent at home, the choice presents both advantages and disadvantages. Pros can be increased involvement in a child's life, better academic performance, and greater control over upbringing. Conversely, cons can inlcude potential career setbacks, loss of income, and adverse impacts on mental and physical health.

Studies show that stay-at-home parents may experience increased levels of sadness, depression, and isolation compared to working parents. Financially, the decision entails a major wage penalty and diminished career prospects upon reentering the workforce. Moreover, stay-at-home parents often grapple with social isolation and feelings of undervaluation, exacerbating mental health challenges. To read more about the opportunities for stay-at-home moms, see the Highest Paying Jobs for Stay-at-Home Moms.