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Cost-burdened Households

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  • Description
    Cost-burdened Households reports the share of households that spend at least 30 percent of annual household income on housing costs, by householder status.
  • Full Description
    A household is cost-burdened if it spends 30 percent or more of annual household income on housing costs. Householder status subgroups are homeowners and all householders, including homeowners and renters. Housing costs for homeowners include utility, tax, mortgage, insurance, and related payments for the home. Renters' housing costs are gross rental and related payments. The American Community Survey (ACS) collects these data from a sample of households on a rolling monthly basis. ACS aggregates samples into one-, three-, or five-year periods. At this time only state-level data are available on CTdata.org. Town-level data aggregated from the five-year datasets (considered to be more accurate for geographic areas that are the size of a county or smaller) can be produced using Census tables currently available on the Census website.
  • Source
    American Community Survey