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 209,536 45,620 55,222
Affordable and Available Rental Homes 87,726 16,556 20,136
Surplus (Deficit) of Affordable and Available Rental Units
At or below EXTREMELY LOW INCOME -121,810 -29,064 -35,086
At or below 50% AMI -127,834 -29,323 -46,507
Affordable and Available Rental Units per 100 Households at or below Threshold
At or below Extremely Low Income 42 36 36
At or below 50% AMI 63 59 53
At or below 80% AMI 94 95 91
At or below 100% AMI 102 103 102
% of Renter Households with Cost Burden
At Extremely Low Income 85 90 87
Extremely Low Income to 50% AMI 73 84 76
51% to 80% AMI 47 63 54
81 to 100% AMI 23 35 26
% of Renter Households with Severe Cost Burden
At Extremely Low Income 70 79 74
ELI to 50% AMI 33 42 37
51% to 80% AMI 7 15 7
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].