Today’s question: What US congressional districts have the highest share of households with a severe housing cost burden? By “severe housing cost burden” I’m using the 50 percent-plus share of household income spent on monthly ownership or rental costs.
In the United States, 14.3 percent of households have a severe housing cost burden, as of 2016. The median household income in the United States was $57,617 in 2016. And the median monthly housing costs in the United States was $1,022 in 2016. The median annual housing costs (the monthly multiplied by 12!) is $12,264. (Data on median household income and median housing costs is from the Census Bureau’s American Factfinder, Table S25003.)
The top ten congressional districts with the highest share of households with severe housing cost burdens are all in New York City and Los Angeles City.