Median monthly housing costs for householders in the Columbus MSA represented 20% of their incomes in 1991, according to the American Housing Survey. Renters spent considerably more of their monthly income (24%) than did owners (18%) on housing. 34% of renters spent more than 30% of their income on housing costs, compared to only 16% of owners. Even more contrasting, 9.4% of renters spent in excess of 70% of their incomes on housing, compared to only 3.4% of owners. The only other group exceeding the Columbus MSA median (20% of income) was blacks (22%).
Prior to 1984, the American Housing Survey used the standard metropolitan statistical area (SMSA) used in the 1970 census, which consisted only of Franklin, Pickaway and Delaware counties. The Columbus metropolitan statistical area (MSA) from 1984 to 1991 was defined as Franklin, Fairfield, Pickaway, Union, Licking, Madison and Delaware Counties.
Monthly housing costs include, if applicable: mortgages, contract rent, installment loans or contracts, real estate taxes, property insurance, homeowners association fees, cooperative or condominium fee, mobile home park fee, land rent, utilities and fuels, and garbage and trash collection.
MSA Below
Housing Costs AVE Owners Renters Black Elderly Poverty
lt $100 8,200 2,900 5,300 3,400 2,700 5,000
$100-199 59,600 50,600 9,000 7,500 32,500 10,700
$200-249 32,500 26,400 6,100 2,300 13,100 4,700
$250-299 33,800 19,500 14,200 3,900 9,500 4,800
$300-349 33,400 14,200 19,200 3,600 6,300 5,500
$350-399 36,200 10,600 25,600 4,800 4,100 5,400
$400-449 36,500 13,100 23,500 4,700 3,900 4,300
$450-499 33,800 10,000 23,800 5,000 2,700 3,000
$500-599 60,500 24,300 36,200 4,600 5,500 3,600
$600-699 37,500 21,900 15,600 4,200 2,100 800
$700-799 32,400 26,600 5,800 1,800 900 700
$800-999 36,000 32,800 3,200 2,000 900 600
$1,000-1,249 21,900 21,200 700 900 1,300 800
$1,250-1,499 9,000 8,500 500 200 100 200
$1,500+ 9,900 9,900 --- 200 400 ---
No cash rent 9,800 --- 9,800 1,900 1,200 5,000
No Mortgage
Reported 33,800 33,800 --- 2,600 2,500 1,600
Median $451 $495 $432 $390 $230 $298
(Excludes No
Cash Rent)
Source: American Housing Survey for the Columbus MSA, U.S. Department of Housing and Urban Development and U.S. Bureau of the Census
% of Income Owners % Renters % less than 30% 243,800 83.9 123,000 66.0 30%+ 46,700 16.1 63,300 34.0 50%+ 15,700 5.4 28,600 15.4 70%+ 9,800 3.4 17,600 9.4 Total 290,500 100.0 186,300 100.0
Source: American Housing Survey for the Columbus MSA, U.S. Department of Housing and Urban Development and U.S. Bureau of the Census
Filename: PS-035