U.S. Census data analyzed by Harvard University shows that a third of all U.S. households, whether they are buying or renting, spend more than the recommended one third of their income on housing and utilities and therefore qualify as cost-burdened.
While the overall rate of households burdened by housing cost in the U.S. was 32.7 percent in 2023, Statista’s Katharina Buchholz shows in the chart below, several states had even higher average burdens.
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