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2020

Percent of households spending 30% or more of income on housing

Status Indicators:
Proceeding as Planned
 Monitoring Progress
Reviewing for Improvement
Information Unavailable

Status Indicators: Proceeding as Planned |  Monitoring Progress | Reviewing for Improvement | Information Unavailable

The conventional public policy indicator for housing affordability is for 30% of a person’s income to be on housing. People who spend more than 30% of their income on housing, are considered cost-burdened.  If renting, the 30% should include utilities; if owning, it should include homeownership costs such as mortgage, property taxes, and maintenance. 

Data is collected from the American Community Survey (ACS) 1-Year Estimates. Data table: Financial Characteristics. For further information about the American Community Survey (ACS) please see the Source tab. 

There are many external contributing factors affecting the projection to confidently determine an exact numerical target, therefore staff has elected to set the target to decrease.

Due to the impact of COVID-19, the Census Bureau changed the 2020 American Survey System (ACS) release schedule to only release a limited number of data tables containing experimental estimates for the nation, states, and the District of Columbia. 

The data for this indicator is obtained from the American Community Survey 1-Year Estimates.  The American Community Survey (ACS) is administered by the United States Census Bureau. It is an ongoing survey that provides data annually. This information is used by communities, state governments, and federal programs to make decisions. The 1-Year Estimate data provides 12 months of collected data from areas with populations over 65,000 and represents the most current data available.

There is an approximate one-year delay of the availability of ACS data. 

City of Fort Lauderdale
100 North Andrews Avenue | Fort Lauderdale, FL 33301
www.fortlauderdale.gov

Office of Management and Budget
Division of Structural Innovation
Contact: [email protected]

City of Fort Lauderdale
100 North Andrews Avenue | Fort Lauderdale, FL 33301
www.fortlauderdale.gov

Office of Management and Budget
Division of Structural Innovation
Contact: [email protected]