Why This Measure Matters​

Housing cost burden is a key reflection of housing affordability in a community, as well as how stably housed renters are.

Households paying more than 50% of their income on shelter are considered extremely housing cost-burdened and are more likely to be unstably housed or become homeless.

What’s the Story?​

Extreme housing cost burden was at a recent high of 29.9% in 2022. Since then extreme housing cost burden has decreased to 15.1% in 2024.

Extreme housing cost burden was at a recent high of 29.9% in 2022. Since then extreme housing cost burden has decreased to 15.1% in 2024.

Target

The target is for the rate of local extreme housing cost burden to decrease annually from the previous year beyond the margin of error.

Reporting Frequency​

Annually