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Renters Spending 30% or More of Household Income on Rent

This indicator shows the percentage of renters who are paying 30% or more of their household income in rent. Spending a high percentage of your income on rent presents financial hardship, especially for lower-income renters. With a limited income, a high percentage in rent may not leave enough money for other expenses, such as transportation, food, medical expenses, entertainment, and other debts. The percentage was calculated by dividing the number of households paying 30% or more by the total number of renter-occupied housing units.

Measurement Period: 2011-2013
Value: 35.92

County

35.92

State

42.7

National

HP 2020

0
  • 24.6
  • 38.6
  • 52.92

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Historical Data

  • Measurement PeriodValue
    2011-201335.92
    2010-201235.5352
    2008-201039.8666
    2007-200944.1447
    2005-200943.2
    2006-200839.4995
    2005-200739.4771

Peer Counties

  • Peers included in this indicator: Dodge, GA; Tattnall, GA; Grayson, KY; Johnson, KY; Lincoln, KY; Marion, KY; Montgomery, KY; Rowan, KY; Wayne, KY;

  • 35.92
    • 28.9
    • 40.9
    • 52.9
  • Peer counties are those counties similar in population composition and selected demographics. Of the peer counties, only the ones that have data for the same indicator/time frame have been included.

    This county has 32 peer counties

    Peer counties (counties and county-like geographic areas) in stratum number 44 were stratified on the basis of the following factors: Frontier Status, Population Size, Poverty, Age

    All Peer Counties for Montgomery

    Macon, AL; Lincoln, AR; Bradford, FL; Lafayette, FL; Dodge, GA; Tattnall, GA; Butler, KY; Carroll, KY; Edmonson, KY; Estill, KY; Grayson, KY; Johnson, KY; Lee, KY; Lincoln, KY; Marion, KY; Montgomery, KY; Morgan, KY; Rockcastle, KY; Rowan, KY; Wayne, KY; Allen, LA; West Feliciana, LA; Calhoun, SC; McCormick, SC; Clay, SD; Bledsoe, TN; Fentress, TN; Lake, TN; Morgan, TN; Wayne, TN; Brunswick, VA; Buckingham, VA; Lincoln, WV;

Source

 
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