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What percentage of households that own outright spend between 20% and 25% of their income on housing costs?
6.5% of households that own outright spend between 20% and 25% of their income on housing costs — about 7 in every 100, or 1 in 10. That is the figure published by the American Community Survey for 2023.
0 in 100100 in 100
6.5
Where this number comes from
- Survey
- American Community Survey
- What it measured
- American Community Survey 1-year estimate, published under the label “SELECTED MONTHLY OWNER COSTS AS A PERCENTAGE OF HOUSEHOLD INCOME (SMOCAPI) → Housing unit without a mortgage (excluding units where SMOCAPI cannot be computed) → 20.0 to 24.9 percent”.
- Population
- American households that own outright
- Year
- 2023
- 90% confidence interval
- 6.4% to 6.6%
Work of the U.S. federal government - public domain. See the source data
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