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Money
What percentage of households with a mortgage spend 35% or more of their income on the mortgage and bills?
21.9% of households with a mortgage spend 35% or more of their income on the mortgage and bills — about 22 in every 100, or 2 in 10. That is the figure published by the American Community Survey for 2023.
0 in 100100 in 100
21.9
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 units with a mortgage (excluding units where SMOCAPI cannot be computed) → 35.0 percent or more”.
- Population
- American households with a mortgage
- Year
- 2023
- 90% confidence interval
- 21.8% to 22%
Work of the U.S. federal government - public domain. See the source data
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