State of the Nation’s Housing Report Shows Growth in Cost-Burdened Renter Households from 2007 to 2011

Percentage of Renter Households Facing a Severe Cost Burden

Income                         2007            2011
Less than $15,000        67.3%           71.1%
$15,000-29,999           29.3%          33.3%
$30,000-44,999           6.9%            8.3%
$45,000-74,999           1.6%            1.9%
$75,000 and Over         0.2%            0.1%
Total                            23.8%           27.6%

Source: Joint Center for Housing Studies of Harvard University. (2013). The State of the Nation’s Housing 2013. Cambridge, MA: Author. Retrieved from http://bit.ly/15GCrvV