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Renters Spending 30% or More of Household Income on Rent

This indicator shows the percentage of renters who are spending 30% or more of their household income on rent.

Renters Spending 30% or More of Household Income on Rent

47.4
52.8
Comparison: U.S. Counties 

56.8

percent
Measurement Period: 2008-2012

Region: Tampa Bay

Located in: State: Florida

View All Location Types

Technical Note: The distribution is based on data from 3,143 U.S. counties and county equivalents.
Maintained By: Healthy Communities Institute
Last Updated: January 2014
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Why is this important?

Spending a high percentage of household income on rent can create financial hardship, especially for lower-income renters. With a limited income, paying a high rent may not leave enough money for other expenses, such as food, transportation and medical. Moreover, high rent reduces the proportion of income a household can allocate to savings each month.

Renters Spending 30% or More of Household Income on Rent : Time Series

2005-2009: 53.9 2006-2010: 55.8 2007-2011: 56.7 2008-2012: 56.8

percent

Renters Spending 30% or More of Household Income on Rent by Age

15-24: 66.9 25-34: 52.8 35-64: 54.6 65+: 65.6 Overall: 56.8

percent

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Renters Spending 30% or More of Household Income on Rent

Comparison: Prior Value 

56.8

percent
Measurement Period: 2008-2012

Region: Tampa Bay

Located in: State: Florida

View All Location Types

Technical Note: The trend is a comparison between the most recent and previous measurement periods. Confidence intervals were not taken into account in determining the direction of the trend.
Maintained By: Healthy Communities Institute
Last Updated: January 2014

Why is this important?

Spending a high percentage of household income on rent can create financial hardship, especially for lower-income renters. With a limited income, paying a high rent may not leave enough money for other expenses, such as food, transportation and medical. Moreover, high rent reduces the proportion of income a household can allocate to savings each month.

Renters Spending 30% or More of Household Income on Rent : Time Series

2005-2009: 53.9 2006-2010: 55.8 2007-2011: 56.7 2008-2012: 56.8

percent

Renters Spending 30% or More of Household Income on Rent by Age

15-24: 66.9 25-34: 52.8 35-64: 54.6 65+: 65.6 Overall: 56.8

percent

Zoom to:

View by:

Create Indicator Comparison Report