Build and improve more homes so that high-quality, safe and affordable housing options are equitably available to all current and future residents.
Percent of Owner Households that Spend 30% or More of their Income on Housing-Northwest Region
Current Value
25.7%
Definition
Line
Bar
Comparison
Story Behind the Curve
Partners
Why Is This Important?
The financial burden of paying a mortgage or rent, insurance, property taxes, utility expenses and other housing related costs is considered un-affordable when these costs are greater than 30% of a household's income. These households are at much higher risk of foreclosure, eviction, homelessness, or frequent moving--all of which harm residents and the community.