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 Utah 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: Best counties to raise a family in Utah
You may also like: Highest-rated breweries in Utah
- Median percent of income spent on housing: 6.9%
--- Percent of households spending <20% of income on housing: 76.1%
--- Percent of households spending >30% of income on housing: 7.4%
- Total occupied households: 163
- Median household income: $75,417
- Median monthly housing cost: $431
- Median percent of income spent on housing: 11.9%
--- Percent of households spending <20% of income on housing: 66.3%
--- Percent of households spending >30% of income on housing: 10.4%
- Total occupied households: 635
- Median household income: $57,902
- Median monthly housing cost: $575
- Median percent of income spent on housing: 12.7%
--- Percent of households spending <20% of income on housing: 64.4%
--- Percent of households spending >30% of income on housing: 13.6%
- Total occupied households: 3,665
- Median household income: $55,554
- Median monthly housing cost: $588
- Median percent of income spent on housing: 13.2%
--- Percent of households spending <20% of income on housing: 59.2%
--- Percent of households spending >30% of income on housing: 16.7%
- Total occupied households: 4,311
- Median household income: $45,394
- Median monthly housing cost: $501
- Median percent of income spent on housing: 13.7%
--- Percent of households spending <20% of income on housing: 62.0%
--- Percent of households spending >30% of income on housing: 17.2%
- Total occupied households: 4,337
- Median household income: $62,242
- Median monthly housing cost: $713
You may also like: Highest-earning counties in Utah
You may also like: Highest-rated wineries in Utah by visitors
- Median percent of income spent on housing: 14.1%
--- Percent of households spending <20% of income on housing: 56.4%
--- Percent of households spending >30% of income on housing: 22.6%
- Total occupied households: 1,760
- Median household income: $54,565
- Median monthly housing cost: $642
- Median percent of income spent on housing: 14.5%
--- Percent of households spending <20% of income on housing: 58.6%
--- Percent of households spending >30% of income on housing: 20.2%
- Total occupied households: 1,000
- Median household income: $44,245
- Median monthly housing cost: $534
- Median percent of income spent on housing: 14.9%
--- Percent of households spending <20% of income on housing: 60.7%
--- Percent of households spending >30% of income on housing: 19.7%
- Total occupied households: 532
- Median household income: $42,813
- Median monthly housing cost: $531
- Median percent of income spent on housing: 15.3%
--- Percent of households spending <20% of income on housing: 56.8%
--- Percent of households spending >30% of income on housing: 24.3%
- Total occupied households: 7,829
- Median household income: $51,158
- Median monthly housing cost: $654
- Median percent of income spent on housing: 16.2%
--- Percent of households spending <20% of income on housing: 54.4%
--- Percent of households spending >30% of income on housing: 21.7%
- Total occupied households: 10,569
- Median household income: $65,264
- Median monthly housing cost: $880
You may also like: Fastest-growing counties in Utah
You may also like: How Utah ranks for most motorcycle fatalities
- Median percent of income spent on housing: 16.7%
--- Percent of households spending <20% of income on housing: 56.7%
--- Percent of households spending >30% of income on housing: 20.4%
- Total occupied households: 7,364
- Median household income: $54,799
- Median monthly housing cost: $762
- Median percent of income spent on housing: 16.7%
--- Percent of households spending <20% of income on housing: 53.8%
--- Percent of households spending >30% of income on housing: 22.9%
- Total occupied households: 6,868
- Median household income: $63,224
- Median monthly housing cost: $881
- Median percent of income spent on housing: 16.9%
--- Percent of households spending <20% of income on housing: 64.5%
--- Percent of households spending >30% of income on housing: 19.5%
- Total occupied households: 2,282
- Median household income: $55,221
- Median monthly housing cost: $777
- Median percent of income spent on housing: 17.1%
--- Percent of households spending <20% of income on housing: 56.7%
--- Percent of households spending >30% of income on housing: 16.5%
- Total occupied households: 3,464
- Median household income: $61,463
- Median monthly housing cost: $874
- Median percent of income spent on housing: 17.9%
--- Percent of households spending <20% of income on housing: 52.3%
--- Percent of households spending >30% of income on housing: 23.2%
- Total occupied households: 8,643
- Median household income: $53,838
- Median monthly housing cost: $801
You may also like: Counties with the most college graduates in Utah
You may also like: Best public colleges in Utah
- Median percent of income spent on housing: 18.2%
--- Percent of households spending <20% of income on housing: 52.8%
--- Percent of households spending >30% of income on housing: 20.1%
- Total occupied households: 17,569
- Median household income: $62,233
- Median monthly housing cost: $945
- Median percent of income spent on housing: 18.3%
--- Percent of households spending <20% of income on housing: 52.9%
--- Percent of households spending >30% of income on housing: 27.2%
- Total occupied households: 4,191
- Median household income: $51,557
- Median monthly housing cost: $785
- Median percent of income spent on housing: 18.4%
--- Percent of households spending <20% of income on housing: 52.5%
--- Percent of households spending >30% of income on housing: 21.3%
- Total occupied households: 104,551
- Median household income: $83,310
- Median monthly housing cost: $1,276
- Median percent of income spent on housing: 18.5%
--- Percent of households spending <20% of income on housing: 50.3%
--- Percent of households spending >30% of income on housing: 23.7%
- Total occupied households: 83,632
- Median household income: $67,244
- Median monthly housing cost: $1,036
- Median percent of income spent on housing: 18.9%
--- Percent of households spending <20% of income on housing: 57.3%
--- Percent of households spending >30% of income on housing: 17.4%
- Total occupied households: 3,365
- Median household income: $91,341
- Median monthly housing cost: $1,442
You may also like: Most popular girl names in the 80s in Utah
You may also like: Most commonly hunted migratory birds in Utah
- Median percent of income spent on housing: 19.0%
--- Percent of households spending <20% of income on housing: 48.2%
--- Percent of households spending >30% of income on housing: 28.1%
- Total occupied households: 38,393
- Median household income: $59,038
- Median monthly housing cost: $936
- Median percent of income spent on housing: 19.2%
--- Percent of households spending <20% of income on housing: 49.6%
--- Percent of households spending >30% of income on housing: 23.8%
- Total occupied households: 20,478
- Median household income: $74,562
- Median monthly housing cost: $1,191
- Median percent of income spent on housing: 19.4%
--- Percent of households spending <20% of income on housing: 49.9%
--- Percent of households spending >30% of income on housing: 26.8%
- Total occupied households: 14,220
- Median household income: $102,958
- Median monthly housing cost: $1,666
- Median percent of income spent on housing: 19.7%
--- Percent of households spending <20% of income on housing: 49.3%
--- Percent of households spending >30% of income on housing: 27.7%
- Total occupied households: 9,879
- Median household income: $85,166
- Median monthly housing cost: $1,397
- Median percent of income spent on housing: 20.1%
--- Percent of households spending <20% of income on housing: 48.3%
--- Percent of households spending >30% of income on housing: 26.0%
- Total occupied households: 17,015
- Median household income: $51,807
- Median monthly housing cost: $869
You may also like: Highest-rated things to do in Utah, according to Tripadvisor
You may also like: Higher education, higher earnings? Here's how advanced degrees pay off in Utah.
- Median percent of income spent on housing: 20.2%
--- Percent of households spending <20% of income on housing: 47.0%
--- Percent of households spending >30% of income on housing: 27.3%
- Total occupied households: 374,820
- Median household income: $74,865
- Median monthly housing cost: $1,259
- Median percent of income spent on housing: 20.4%
--- Percent of households spending <20% of income on housing: 46.3%
--- Percent of households spending >30% of income on housing: 27.8%
- Total occupied households: 165,991
- Median household income: $74,665
- Median monthly housing cost: $1,269
- Median percent of income spent on housing: 20.4%
--- Percent of households spending <20% of income on housing: 53.8%
--- Percent of households spending >30% of income on housing: 22.1%
- Total occupied households: 2,643
- Median household income: $47,044
- Median monthly housing cost: $801
- Median percent of income spent on housing: 20.8%
--- Percent of households spending <20% of income on housing: 45.3%
--- Percent of households spending >30% of income on housing: 28.7%
- Total occupied households: 57,144
- Median household income: $59,839
- Median monthly housing cost: $1,038
