Over half of U.S. renters spend more than 30% of their income on housing, up from 40% in 2000.

Half of US renters now pay over 30% of their income on housing, according to 2023 Census data, marking a significant rise from 40% in 2000. This trend affects states like Nevada and Florida, not just high-cost areas like California. The shortage of affordable housing impacts low-income renters, especially those with disabilities, caregivers, and older adults. Racial disparities persist, with higher rates of rent burden among Black, Hispanic, and Pacific Islander households.

2 months ago
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