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 Nevada 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.
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- Median percent of income spent on housing: 7.8%
--- Percent of households spending <20% of income on housing: 71.7%
--- Percent of households spending >30% of income on housing: 10.5%
- Total occupied households: 774
- Median household income: $67,105
- Median monthly housing cost: $437
- Median percent of income spent on housing: 11.2%
--- Percent of households spending <20% of income on housing: 64.6%
--- Percent of households spending >30% of income on housing: 17.7%
- Total occupied households: 2,198
- Median household income: $88,030
- Median monthly housing cost: $823
- Median percent of income spent on housing: 11.9%
--- Percent of households spending <20% of income on housing: 66.9%
--- Percent of households spending >30% of income on housing: 15.1%
- Total occupied households: 3,516
- Median household income: $60,827
- Median monthly housing cost: $604
- Median percent of income spent on housing: 12.5%
--- Percent of households spending <20% of income on housing: 65.1%
--- Percent of households spending >30% of income on housing: 16.1%
- Total occupied households: 2,018
- Median household income: $58,462
- Median monthly housing cost: $611
- Median percent of income spent on housing: 14.4%
--- Percent of households spending <20% of income on housing: 60.7%
--- Percent of households spending >30% of income on housing: 15.7%
- Total occupied households: 491
- Median household income: $37,375
- Median monthly housing cost: $448
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- Median percent of income spent on housing: 14.8%
--- Percent of households spending <20% of income on housing: 56.5%
--- Percent of households spending >30% of income on housing: 25.3%
- Total occupied households: 2,048
- Median household income: $35,806
- Median monthly housing cost: $441
- Median percent of income spent on housing: 14.9%
--- Percent of households spending <20% of income on housing: 58.5%
--- Percent of households spending >30% of income on housing: 22.7%
- Total occupied households: 1,948
- Median household income: $50,491
- Median monthly housing cost: $628
- Median percent of income spent on housing: 15.0%
--- Percent of households spending <20% of income on housing: 62.3%
--- Percent of households spending >30% of income on housing: 15.8%
- Total occupied households: 18,065
- Median household income: $81,232
- Median monthly housing cost: $1,014
- Median percent of income spent on housing: 15.1%
--- Percent of households spending <20% of income on housing: 57.7%
--- Percent of households spending >30% of income on housing: 21.1%
- Total occupied households: 6,500
- Median household income: $67,756
- Median monthly housing cost: $850
- Median percent of income spent on housing: 17.5%
--- Percent of households spending <20% of income on housing: 52.4%
--- Percent of households spending >30% of income on housing: 29.1%
- Total occupied households: 1,627
- Median household income: $66,292
- Median monthly housing cost: $969
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- Median percent of income spent on housing: 18.0%
--- Percent of households spending <20% of income on housing: 52.4%
--- Percent of households spending >30% of income on housing: 25.2%
- Total occupied households: 9,940
- Median household income: $57,824
- Median monthly housing cost: $869
- Median percent of income spent on housing: 19.6%
--- Percent of households spending <20% of income on housing: 47.6%
--- Percent of households spending >30% of income on housing: 26.2%
- Total occupied households: 19,088
- Median household income: $47,300
- Median monthly housing cost: $772
- Median percent of income spent on housing: 21.0%
--- Percent of households spending <20% of income on housing: 47.8%
--- Percent of households spending >30% of income on housing: 27.0%
- Total occupied households: 21,189
- Median household income: $56,875
- Median monthly housing cost: $994
- Median percent of income spent on housing: 21.1%
--- Percent of households spending <20% of income on housing: 44.2%
--- Percent of households spending >30% of income on housing: 32.2%
- Total occupied households: 22,755
- Median household income: $55,718
- Median monthly housing cost: $982
- Median percent of income spent on housing: 21.5%
--- Percent of households spending <20% of income on housing: 43.1%
--- Percent of households spending >30% of income on housing: 30.6%
- Total occupied households: 20,741
- Median household income: $66,810
- Median monthly housing cost: $1,195
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- Median percent of income spent on housing: 21.8%
--- Percent of households spending <20% of income on housing: 42.6%
--- Percent of households spending >30% of income on housing: 31.8%
- Total occupied households: 182,180
- Median household income: $64,791
- Median monthly housing cost: $1,178
- Median percent of income spent on housing: 23.6%
--- Percent of households spending <20% of income on housing: 39.2%
--- Percent of households spending >30% of income on housing: 35.7%
- Total occupied households: 783,524
- Median household income: $59,340
- Median monthly housing cost: $1,168
