Gross Rent Over 30% of Income

Gross Rent Over 30% of Income

Why is this important?

30 percent of monthly or annual household income is widely regarded as the standard beyond which housing is unaffordable. This measure reflects the comparative affordability of rental housing in Durham blockgroups. While this is a stand-alone measurement the cost of daily household transportation has a dynamic relationship with housing location and should also be considered a component of housing affordability.

About the Data

Gross rent as a percentage of household income is a computed ratio of monthly gross rent to monthly household income.

As with all measurements from the American Community Survey in the Neighborhood Compass, this data represents 5 years' worth of surveying. With each annual update, the 5-year period advances by dropping one year and incorporating the next. For this reason, annual releases of this measurement are not suitable for true time series comparison until no overlap exists among the survey periods.

Source: American Community Survey (ACS)

Additional Resources

Resource Learn More and Take Action
Reinvestment Partners Reinvestment Partners promotes community wealth and individual financial literacy through its community development and revitalization, financial literacy, Volunteer Income Tax Assistance (VITA) and research programs.
City of Durham Human Relations Working to eliminate discrimination in the areas of employment, housing and public accommodations; prioritizing community outreach and educational activities to meet the needs of our citizens.
Habitat Durham Dedicated to eliminating substandard housing locally and worldwide through constructing, rehabilitating and preserving homes; by advocating for fair and just housing policies; and by providing training and access to resources to help families improve their shelter conditions.