Fact of the Week: Higher Rates of Poorest Households Have Insufficient “Residual Income” for their Housing than Are “Housing Cost-Burdened” by Standard Measure

30% Housing Cost-to-Income Standard for Housing Affordability Underestimates Problems for the Lowest Income Households and Overestimates Problems for Higher Income Households

Source: Joint Center for Housing Studies of Harvard University. (2018). Measuring housing affordability: Assessing the 30 percent of income standard. Cambridge, MA: Author.