Housing cost burden – spending more than 50% of income on housing

U.S. Department of Housing and Urban Development guidelines recommend that a household pay no more than 30 percent of its income on housing. Here are the top ten states where people spend more than 30% of their income on housing. 1. California 39.6% 2. Hawaii 36.4% 3. Washington 33.5% 4. Florida 33.2% 5. Nevada 33.0% […]

source https://www.bostonreb.com/housing-cost-burden-spending-more-than-50-of-income-on-housing/