The U.S. Census Bureau released new aggregate tables from the 1-Year 2018 American Community Survey (ACS) on September 26 showing millions of renter households are housing cost-burdened.
The ACS is an annual nationwide survey of approximately 3.5 million households that collects data about the demographic, housing, economic, and commuting characteristics of the U.S. population. The data include the population of households that are housing cost-burdened (that spend 30% or more of their incomes on housing costs). Of 40,717,205 renter households with positive incomes who paid cash rent in 2018, 20,232,386 (49.7%) were housing cost-burdened. Among the 9,311,261 renters with incomes less than $20,000 that paid cash rent, 8,239,259 (88.5%) were housing cost-burdened.
The new data are available at: http://data.census.gov
Additional information on the American Community Survey can be found at: http://www.census.gov/acs