Nearly Half of Renter Households Are Cost-Burdened - Census.gov

SEPT. 12, 2024 – Over 21 million renter households spent more than 30% of their income on housing costs in 2023, representing nearly half (49.7%) of the 42.5 million renter households in the United States for whom rent burden is calculated.Although the median ratio of income-to …

30%
OFF

Nearly Half Of Renter Households Are Cost-Burdened - Census.gov

2 weeks from now

census.gov

30%
OFF

Nearly Half Of US Renters Spend More Than 30% Of Their Income On …

2 weeks from now

Sep 12, 2024 · Nearly half of all renter households in the US were cost-burdened in 2023, meaning they paid more than 30% of their income towards housing costs, according to new …

cnn.com

30%
OFF

Census Bureau Finds Nearly Half Of US Renters 'cost-burdened' | Fox ...

2 weeks from now

Sep 12, 2024 · Nearly half of U.S. renters are considered cost-burdened, the Census Bureau says. New data shows they spent more than 30% of their income on housing costs in 2023.

foxbusiness.com

45%
OFF

Almost Half Of Rental Households Cost-burdened, Estimates Show

2 weeks from now

Dec 12, 2024 · Nearly 45% of renter-occupied units across the U.S. are paying more than 30% of their income toward housing costs, census estimates show. Look at our map to see how your …

wesh.com

30%
OFF

US Household Rent Burden Unchanged Last Year, Varied By Race, …

2 weeks from now

Sep 12, 2024 · More than 21 million renter households spent more than 30% of their income on housing costs in 2023, representing 49.7% of the renter households for whom rent burden is …

reuters.com

30%
OFF

Nearly Half Of Renter Households Are Cost-Burdened

2 weeks from now

SEPT. 12, 2024 – Over 21 million renter households spent more than 30% of their income on housing costs in 2023, representing nearly half (49.7%) of the 42.5 million renter households …

census.gov

5%
OFF

Almost Half Of Rental Households Cost-burdened, Estimates Show

2 weeks from now

Dec 12, 2024 · Under 5% of counties had more renter-occupied units burdened by housing costs than not. The Department of Housing and Urban Development defines cost burden as paying …

wjcl.com

30%
OFF

Nearly Half Of Renters Are Cost Burdened, Highlighting The

2 weeks from now

Apr 29, 2024 · As of 2022, there were approximately 19 million rent-burdened households nationwide – households that spend more than 30% of their income on monthly rent …

zillow.com

20%
OFF

Data Shows Middle-class Renters Increasingly Burdened By Housing …

2 weeks from now

Oct 31, 2024 · Nearly 4 in 10 middle-class renter households are burdened by costs, an NBC News analysis of Census Bureau data found. That’s up almost 20% since 2019, while the …

nbcnews.com

30%
OFF

Census Bureau: Nearly Half Of Renter Households Are Cost …

2 weeks from now

Sep 12, 2024 · Over 21 million renter households spent more than 30% of their income on housing costs in 2023, representing nearly half (49.7%) of the 42.5 million renter households …

learncra.com

50%
OFF

Census Bureau Says Nearly Half Of Renter Households Are Cost …

2 weeks from now

Oct 7, 2024 · Households spending more than 50% of their income on housing costs are considered severely cost-burdened. “Housing costs rose between 2022 and 2023 for both …

realestateinvestingtoday.com

30%
OFF

Half Of Renters Pay More Than 30% Of Their Income On Shelter Amid ...

2 weeks from now

Jan 7, 2025 · The percentage of the renting population that was rent-burdened grew from 40% to nearly 50% between 2000 and 2020. Almost half of all households, at 49%, were rent …

charlotteobserver.com

FAQs about Nearly Half of Renter Households Are Cost-Burdened - Census.gov Coupon?

Are renters cost-burdened?

Nearly half of U.S. renters are considered cost-burdened, the Census Bureau says. New data shows they spent more than 30% of their income on housing costs in 2023. ...

Which counties have the most housing cost burdens?

In 239 or 7.6% of the nation’s 3,143 counties, more than half of renter households that paid rent and had a household income faced housing cost burdens. Among them are some of the most populous U.S. counties like Harris County, Texas, and Los Angeles County, California. ...

Which states have the most cost burdened renters?

Florida, Louisiana, Texas, and Mississippi were among the states with the largest number of counties where renters’ median housing costs exceeded 30% of their income. But among states with more than 10 counties where the median cost ratio was a burden, New Jersey has the highest proportion of counties with cost burdened renter households. ...

Are renters more cost-burdened than homeowners?

While the data showed that renters had a higher median housing cost as a percentage of income compared to homeowners, 18.8 million homeowners still spend more than 30% of their income on housing costs. Nearly half of U.S. renters are considered cost-burdened, the Census Bureau says. ...

How many middle-class renters are burdened by costs?

Nearly 4 in 10 middle-class renter households are burdened by costs, an NBC News analysis of Census Bureau data found. That’s up almost 20% since 2019, while the already high share of cost-burdened, low-income households rose just 2%. A cost-burdened household is defined as one paying 30% or more of pretax income on rent and housing costs. ...

How much do renters spend on housing costs in 2023?

More than 21 million renter households spent more than 30% of their income on housing costs in 2023, representing 49.7% of the renter households for whom rent burden is calculated. ...