CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Housing Cost Burden - Renters

Definition

Percentage of renter-occupied units spending 30% or more of household income on rent and utilities, 2010.

Description

The housing cost burden for renters indicates the portion of a renter’s income that is consumed by costs of renting. Expenses such as utility costs, rent and other fees take away money that could be used for consumption or saved. When these expenses exceed 30% of household income, the household is classified as “cost-burdened” and is at risk of eviction or homelessness if it suffers a decline in income.

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Housing Cost Burden - Renters

StatePercent of Renters
who are Cost Burdened (%)
Rank
United States  53.0%   
Alabama  54.0%  41 
Alaska  47.5% 
Arizona  53.2%  37 
Arkansas  49.7%  16 
California  57.2%  50 
Colorado  52.2%  31 
Connecticut  53.7%  39 
Delaware  55.2%  46 
District of Columbia  50.7%  22 
Florida  60.4%  51 
Georgia  54.3%  44 
Hawaii  56.2%  49 
Idaho  50.9%  25 
Illinois  52.6%  33 
Indiana  51.4%  27 
Iowa  45.9% 
Kansas  45.4% 
Kentucky  49.5%  15 
Louisiana  53.3%  38 
Maine  49.4%  13 
Maryland  51.6%  28 
Massachusetts  50.8%  24 
Michigan  55.9%  48 
Minnesota  50.4%  19 
Mississippi  55.5%  47 
Missouri  50.1%  17 
Montana  45.7% 
Nebraska  44.8% 
Nevada  53.1%  35 
New Hampshire  50.7%  23 
New Jersey  54.3%  43 
New Mexico  48.3%  10 
New York  53.2%  36 
North Carolina  52.2%  32 
North Dakota  40.2% 
Ohio  51.9%  30 
Oklahoma  47.4% 
Oregon  54.3%  45 
Pennsylvania  50.7%  21 
Rhode Island  51.8%  29 
South Carolina  53.7%  40 
South Dakota  41.7% 
Tennessee  52.7%  34 
Texas  50.3%  18 
Utah  48.8%  11 
Vermont  54.2%  42 
Virginia  50.4%  20 
Washington  51.2%  26 
West Virginia  49.3%  12 
Wisconsin  49.4%  14 
Wyoming  40.0% 

Source

2010 American Community Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2010.

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