Friday, September 17, 2010

Two interesting charts on cost burden

Based on the American Community Survey 3-year estimates, here are two charts on cost burden for both homeowners and renters in large Colorado counties. A household that is cost burdened pays 30% or more of household income toward housing costs.

In the first one, we see the total number of cost burdened households by tenure.



In the second chart, we see how the totals add up as percentages of the total number of households by tenure.



This is based on 2006-2008 data. New American Community Survey data will be out later this month and will include 2009 numbers. Even more information will be released as the 5-year estimates for ACS in December.