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 225,760 49,798 63,370
Affordable and Available Rental Homes 87,141 11,600 20,002
Surplus (Deficit) of Affordable and Available Rental Units
At or below EXTREMELY LOW INCOME -138,619 -38,198 -43,368
At or below 50% AMI -148,146 -36,566 -50,673
Affordable and Available Rental Units per 100 Households at or below Threshold
At or below Extremely Low Income 39 23 32
At or below 50% AMI 59 51 53
At or below 80% AMI 94 92 94
At or below 100% AMI 103 103 106
% of Renter Households with Cost Burden
At Extremely Low Income 85 93 86
Extremely Low Income to 50% AMI 73 81 79
51% to 80% AMI 55 69 67
81 to 100% AMI 26 35 29
% of Renter Households with Severe Cost Burden
At Extremely Low Income 69 86 76
ELI to 50% AMI 35 45 37
51% to 80% AMI 8 12 9
81 to 100% AMI 2 3 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].