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What percentage of households with a mortgage spend under 20% of their income on the mortgage and bills?

46.9% of households with a mortgage spend under 20% of their income on the mortgage and bills — about 47 in every 100, or 5 in 10. That is the figure published by the American Community Survey for 2023.

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) → Less than 20.0 percent”.

Population

American households with a mortgage

Year

2023

90% confidence interval

46.8% to 47%

Work of the U.S. federal government - public domain. See the source data

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