Counties in Arizona where people spend most of their paycheck on housing
Counties in Arizona where people spend most of their paycheck on housing
It's no secret that many Americans are forgoing homeownership in favor of renting. In 2020, renters in the U.S. occupied 43 million housing units.
The Stacker team looked at data from a United States Census survey that revealed an estimated 43,378,800 renter-occupied homes in the United States as of 2017, which makes up 36.1% of all households in the country. In 2019, renting was more affordable than buying a median-priced home in 59% of the counties; in 2021, the opposite was true: Owning was more affordable than renting in 63% of U.S. counties.
Stacker compiled a list of counties in Arizona where people spend the highest percent of income on rent using data from the U.S. Census Bureau. Of course, saving money by owning a home is unattainable for many Americans who don't have savings that could cover a down payment, those who are denied a mortgage, or both. Keep reading to see where in your home state most of people's take-home pay goes to their monthly rent.
You may also like: Most popular girl names in the 70s in Arizona
#15. Greenlee County
- Median percent of income spent on housing: 8.4%
--- Percent of households spending <20% of income on housing: 79.2%
--- Percent of households spending >30% of income on housing: 10.4%
- Total occupied households: 3,132
- Median household income: $63,473
- Median monthly housing cost: $446
#14. Apache County
- Median percent of income spent on housing: 10.2%
--- Percent of households spending <20% of income on housing: 65.3%
--- Percent of households spending >30% of income on housing: 13.6%
- Total occupied households: 20,867
- Median household income: $32,508
- Median monthly housing cost: $276
#13. La Paz County
- Median percent of income spent on housing: 13.5%
--- Percent of households spending <20% of income on housing: 57.4%
--- Percent of households spending >30% of income on housing: 20.6%
- Total occupied households: 9,346
- Median household income: $34,643
- Median monthly housing cost: $390
#12. Navajo County
- Median percent of income spent on housing: 16.4%
--- Percent of households spending <20% of income on housing: 53.7%
--- Percent of households spending >30% of income on housing: 23.3%
- Total occupied households: 34,990
- Median household income: $40,067
- Median monthly housing cost: $546
#11. Graham County
- Median percent of income spent on housing: 17.6%
--- Percent of households spending <20% of income on housing: 52.9%
--- Percent of households spending >30% of income on housing: 22.9%
- Total occupied households: 11,017
- Median household income: $51,353
- Median monthly housing cost: $752
You may also like: Counties with the worst commutes in Arizona
#10. Gila County
- Median percent of income spent on housing: 18.2%
--- Percent of households spending <20% of income on housing: 52.3%
--- Percent of households spending >30% of income on housing: 23.7%
- Total occupied households: 21,945
- Median household income: $43,524
- Median monthly housing cost: $660
#9. Cochise County
- Median percent of income spent on housing: 18.3%
--- Percent of households spending <20% of income on housing: 53.1%
--- Percent of households spending >30% of income on housing: 25.1%
- Total occupied households: 50,163
- Median household income: $49,260
- Median monthly housing cost: $750
#8. Mohave County
- Median percent of income spent on housing: 19.8%
--- Percent of households spending <20% of income on housing: 49.8%
--- Percent of households spending >30% of income on housing: 27.2%
- Total occupied households: 86,889
- Median household income: $45,587
- Median monthly housing cost: $752
#7. Pinal County
- Median percent of income spent on housing: 20.3%
--- Percent of households spending <20% of income on housing: 49.3%
--- Percent of households spending >30% of income on housing: 25.8%
- Total occupied households: 141,300
- Median household income: $58,174
- Median monthly housing cost: $986
#6. Yavapai County
- Median percent of income spent on housing: 20.6%
--- Percent of households spending <20% of income on housing: 46.8%
--- Percent of households spending >30% of income on housing: 30.7%
- Total occupied households: 98,386
- Median household income: $52,451
- Median monthly housing cost: $901
You may also like: Most popular boy names in the 70s in Arizona
#5. Pima County
- Median percent of income spent on housing: 21.0%
--- Percent of households spending <20% of income on housing: 45.2%
--- Percent of households spending >30% of income on housing: 31.0%
- Total occupied households: 404,739
- Median household income: $53,379
- Median monthly housing cost: $936
#4. Yuma County
- Median percent of income spent on housing: 21.2%
--- Percent of households spending <20% of income on housing: 46.0%
--- Percent of households spending >30% of income on housing: 28.7%
- Total occupied households: 73,098
- Median household income: $45,243
- Median monthly housing cost: $801
#3. Santa Cruz County
- Median percent of income spent on housing: 21.6%
--- Percent of households spending <20% of income on housing: 44.4%
--- Percent of households spending >30% of income on housing: 34.7%
- Total occupied households: 15,853
- Median household income: $41,259
- Median monthly housing cost: $742
#2. Maricopa County
- Median percent of income spent on housing: 21.7%
--- Percent of households spending <20% of income on housing: 44.5%
--- Percent of households spending >30% of income on housing: 30.6%
- Total occupied households: 1,552,096
- Median household income: $64,468
- Median monthly housing cost: $1,167
#1. Coconino County
- Median percent of income spent on housing: 21.9%
--- Percent of households spending <20% of income on housing: 46.5%
--- Percent of households spending >30% of income on housing: 30.0%
- Total occupied households: 47,447
- Median household income: $59,460
- Median monthly housing cost: $1,083
You may also like: Highest-rated Class of 2021 football recruits from Arizona
