CFED Scorecard

Financial Assets & Income

Outcome Measures

Income Poverty Rate

Asset Poverty Rate

Asset Poverty by Race

Asset Poverty by Gender

Asset Poverty by Family Structure

Liquid Asset Poverty Rate

Liquid Asset Poverty by Race

Liquid Asset Poverty by Gender

Liquid Asset Poverty by Family Structure

Extreme Asset Poverty Rate

Net Worth

Net Worth by Race

Net Worth by Income

Net Worth by Gender

Net Worth by Family Structure

Unbanked Households

Underbanked Households

Households with Savings Accounts

Consumers with Subprime Credit

Borrowers 90+ Days Overdue

Average Credit Card Debt

Bankruptcy Rate

Policy Priorities

Tax Credits for Working Families

State IDA Program Support

Lifting Asset Limits in Public Benefit Programs

Protections from Predatory Short-Term Loans

Additional Policies

Income Tax Threshold

Tax Burden by Income

Prize-Linked Savings

Paperless Payday

Trend Indicators

Change in Net Worth

Change in Asset Poverty

Change in Liquid Asset Poverty

Change in Consumers with Subprime Credit

Change in Average Credit Card Debt

Businesses & Jobs

Housing & Homeownership

Health Care

Education

CFED Assets & Opportunity Scorecard

Housing Cost Burden - Renters

Reports & Graphics

Definition

Percentage of renter-occupied units spending 30% or more of household income on rent and utilities, 2011.

Description

This measure is an indicator of the portion of a household’s income that is consumed by costs of renting. Expenses such as rent, utility costs and other fees take away money that could be saved or invested in other assets. When these expenses exceed 30% of household income, the household is classified as “cost-burdened” and is at risk of eviction or homelessness if it suffers a decline in income.

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Housing Cost Burden - Renters

StatePercent of Renters
who are Cost Burdened (%)		Rank
United States  53.4%   
Alabama  53.8%  38 
Alaska  44.3%  5 
Arizona  51.9%  28 
Arkansas  52.6%  30 
California  57.7%  49 
Colorado  51.6%  24 
Connecticut  55.2%  44 
Delaware  52.7%  31 
District of Columbia  49.3%  12 
Florida  60.9%  51 
Georgia  54.9%  43 
Hawaii  58.9%  50 
Idaho  51.5%  23 
Illinois  53.1%  33 
Indiana  51.9%  27 
Iowa  47.7%  8 
Kansas  46.6%  7 
Kentucky  51.1%  20 
Louisiana  55.6%  47 
Maine  53.9%  39 
Maryland  53.6%  37 
Massachusetts  51.7%  26 
Michigan  55.5%  46 
Minnesota  50.4%  17 
Mississippi  55.6%  48 
Missouri  49.8%  13 
Montana  46.6%  6 
Nebraska  43.6%  4 
Nevada  52.3%  29 
New Hampshire  50.3%  16 
New Jersey  54.6%  42 
New Mexico  53.3%  35 
New York  54.4%  41 
North Carolina  53.1%  34 
North Dakota  42.6%  3 
Ohio  51.7%  25 
Oklahoma  48.3%  9 
Oregon  55.5%  45 
Pennsylvania  51.4%  22 
Rhode Island  50.7%  18 
South Carolina  54.2%  40 
South Dakota  39.7%  2 
Tennessee  52.9%  32 
Texas  49.9%  14 
Utah  51.2%  21 
Vermont  53.4%  36 
Virginia  50.3%  15 
Washington  50.7%  19 
West Virginia  48.9%  10 
Wisconsin  48.9%  11 
Wyoming  36.6%  1 

Source

2011 American Community Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2012.

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