Nearly half of all renter households in the US were cost-burdened in 2023, meaning they paid more than 30% of their income towards housing costs, according to new government data.
Don’t forget that household income is everyone in the house. So if you are all poor college kids with part time jobs making 15-20k a year your household income will still be close to or at the median, even though each of you are individually really poor
Don’t forget that household income is everyone in the house. So if you are all poor college kids with part time jobs making 15-20k a year your household income will still be close to or at the median, even though each of you are individually really poor