EOA.C.1_Percentage of households paying more than 30 percent (and more than 50 percent) of income toward housing

Description

This is a historical measure from Strategic Direction 2023. This indicator measures the percent of households who are cost burdened - where monthly rent (plus utility and/or housing fuel costs) or mortgage payments (or other housing debt costs) are greater than or equal to 30% of a household's monthly income. This metric provides a more complete picture of how affordable it is to live in Austin, since housing costs are but one of the components of the cost of living.

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Tags

  • eoa-c-1

Topics

  • Local Government

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