Percent of Households Paying Over 30% of Income for Rent

Rationale

The percent of households that pay over 30 percent of their income on rent is an indicator of housing affordability. Thirty percent of household income is the maximum standard people should be paying for their housing costs, leaving enough for food and other items. This is a standard indicator used nationally to understand whether housing is affordable.

Source

Data is from the U.S. Census Bureau American Community Survey (ACS) 2006-2010 5-year detailed tables. This measure uses table B25070 (Gross Rent As A Percentage Of Household Income In The Past 12 Months Universe: Universe: Renter-occupied housing units) at the census block group (150) summary level. Forumula: 1.0 - ((B25070002 + B25070003 + B25070004 + B25070005 + B25070006) / B25070001)

Housing

• Crowded Housing as a Percent of Total Households
• Gross Rent as Percent of Household Income
• Number of Subsidized Housing Units Per 1000 Local Residents
• Owner Occupied Housing as a Percentage of Total Housing Units
• Percent of Households Paying Over 30% of Income for Mortgages
• Percent of Households Paying Over 30% of Income for Rent
• Percent of Households That Have Moved in the Last 5 Years
• Rental Vacancy Rates as a Percentage of Rental Units