Tennessee

Tennessee

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Housing Cost Burden by Income Group

Renter households spending more than 30% of their income on housing costs and utilities are cost burdened; those spending more than half of their income are severely cost burdened.

Affordable and Available Homes per 100 Renter Households

All Gap Data for Tennessee

Tennessee Memphis, TN-MS-AR (Metro) Nashville-Davidson--Murfreesboro--Franklin, TN (Metro)
Extremely Low Income Households and Available Rentals
Extremely Low Income Renter Households 221,466 46,997 61,811
Affordable and Available Rental Homes 93,865 12,659 19,801
Surplus (Deficit) of Affordable and Available Rental Units
At or below EXTREMELY LOW INCOME -127,601 -34,338 -42,010
At or below 50% AMI -146,892 -39,092 -57,513
Affordable and Available Rental Units per 100 Households at or below Threshold
At or below Extremely Low Income 42 27 32
At or below 50% AMI 60 47 47
At or below 80% AMI 93 97 88
At or below 100% AMI 102 104 102
% of Renter Households with Cost Burden
At Extremely Low Income 86 91 88
Extremely Low Income to 50% AMI 75 85 80
51% to 80% AMI 50 57 59
81 to 100% AMI 22 22 31
% of Renter Households with Severe Cost Burden
At Extremely Low Income 71 83 75
ELI to 50% AMI 36 48 39
51% to 80% AMI 10 17 10
81 to 100% AMI 1 1 2

AMI = Area Median Income.
Source: American Community Survey (ACS) and ACS Public Use Microdata Sample (PUMS). For more information on the estimates’ margin of error, please contact [email protected].