IYI Logo

High Housing Cost Burden – Mortgage

High housing burden is calculated by determining what percentage of a household’s income is spent on housing. High housing burden has been separated into two categories used in measurement: cost burden and severe cost burden. A cost burden is when a household spends 30% or more of their income on housing. A severe cost burden is present when a household spends more than 50% of their income on housing.

Years included: 2012-2017, 2018-2022

Source: U.S. Census Bureau, ACS 5-Year Estimates DP04