Monthly Housing Costs as a Percentage of Gross Household Income by Household Income Level and Tenure in Franklin County

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In Franklin County in 1990, 28.7% of renters and 10.0% of homeowners spent more than 35% of gross monthly income on housing costs (more than 35% of household income is a standard indicator of unaffordable housing). This represented 47,379 renter households and 18,822 homeowner households spending too much for their housing in 1990. As the chart above indicates, housing costs are particularly burdensome for lower-income households. In 1990, 77.4% of renter and 57.1% of homeowner households making less than $10,000 annually paid too much for their housing costs. In contrast, of households making more than $50,000 annually, no renters and only 1.2% of homeowners spent more than 35% of their income on housing.

Monthly owner housing costs include the sum payments for: mortgages and other similar debts on the property; real estate taxes; fire, hazard and flood insurance; utilities (electric, gas and water) and fuels (oil, kerosene, wood, etc.). Monthly renter housing costs include the agreed to contract rent plus the estimated costs of utilities and fuels. Maintenance and repair costs are not included in either.

Monthly Housing Costs as a Percentage of Gross Household Income by Household Income Level and Tenure in Franklin County: 1990

Renter-Occupied Housing

Income                1-20%     20-24%     25-29%     30-34%

less than $10,000     1,983      1,829      2,409      2,026
$10 - 19,999          2,961      5,206      8,454      7,835
$20 - 34,999         20,937     16,891      8,605      3,212
$35 - 49,999         19,220      2,428        465        161
$50,000 +            12,444        360        122         20

Total                57,545     26,714     20,055     13,254 

                                          % of Tot    Not
Income               35% +       Total      35% +   Computed

less than $10,000   28,179      36,426       77.4      3,279
$10 - 19,999        16,948      41,404       40.9        730
$20 - 34,999         2,068      51,713        4.0        477
$35 - 49,999           184      22,458        0.8        256
$50,000 +                0      12,946        0.0        231

Total               47,379     164,947       28.7      4,973

Note: Totals and Percentage of total households spending more than 35% does not include "not computed" households.

Owner-Occupied Housing

Income               1-20%     20-24%      25-29%     30-34%

less than $10,000    1,304      1,107       1,259        917
$10 - 19,999         8,969      2,644       1,902      1,368
$20 - 34,999        20,486      6,882       6,210      4,409
$35 - 49,999        25,905     10,627       5,488      1,683
$50,000 +           53,897      9,443       3,456      1,179

Total              110,561     30,703      18,315      9,556

                                         % of Tot      Not
Income               35% +      Total      35% +    Computed

less than $10,000    6,111     10,698        57.1        811
$10 - 19,999         5,828     20,711        28.1          0
$20 - 34,999         4,679     42,666        11.0          0
$35 - 49,999         1,356     45,059         3.0          0
$50,000 +              848     68,823         1.2         21
 
Total               18,822    187,957        10.0        832

Note: Totals and Percentage of total households spending more than 35% does not include "not computed" households.

All Occupied Housing

                                      
Income               1-20%     20-24%      25-29%     30-34%

less than $10,000    3,287      2,936       3,668      2,943
$10 - 19,999        11,930      7,850      10,356      9,203
$20 - 34,999        41,423     23,773      14,815      7,621
$35 - 49,999        45,125     13,055       5,953      1,844
$50,000 +           66,341      9,803       3,578      1,199

Total              168,106     57,417      38,370     22,810


                                          % of Tot     Not
Income               35% +      Total       35% +   Computed

less than $10,000   34,290     47,124        72.8      4,090
$10 - 19,999        22,776     62,115        36.7        730
$20 - 34,999         6,747     94,379         7.1        477
$35 - 49,999         1,540     67,517         2.3        256
$50,000 +              848     81,769         1.0        252

Total               66,201    352,904        18.8      5,805

Note: Totals and Percentage of total households spending more than 35% does not include "not computed" households.

Source: Census of Population and Housing, U.S. Bureau of the Census

Filename: CD-042

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Copyright © 1996 Metropolitan Human Services Commission