Data for Percentage of Renter-Occupied Units Spending 30 Percent or More of Household Income on Rental Housing North Carolina vs. United States, 2005-2010
Data NotesThis indicator is derived from American Community Survey (ACS) data collected by the United States Census Bureau. The ACS is conducted on an annual basis and now replaces the long form portion of the Census.
Data SourcesAmerican Community Survey
DefinitionThe percentage of income that a household spends on rental housing is the ratio of monthly gross rent to monthly household income (total annual household income divided by 12). Gross rent is the contract rent plus the estimated average monthly cost of utilities (electricity, gas, and water and sewer) and fuels (oil, coal, kerosene, wood, etc.) if these are paid by the renter (or paid for the renter by someone else).
How We Calculated the Rates
Date Indicator Content Last Updated: 01/19/2012