#cost-burdened-households

#cost-burdened-households

Many Midwest cities offer affordable housing, with Detroit residents spending only 17% of their income on housing, compared to the national average of 36%.

Understanding housing market valuations can help identify cost-burdened households who struggle with high expenses.

The U.S. rental market is critical, as 50% of renter households spend over 30% of their income on rent.

There is an urgent need for improved visibility and accessibility of rental listings within the housing market.

The U.S. faces a severe affordable housing crisis with millions cost burdened and a shortage of rental homes for low-income households.