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 Wyoming 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: 13.5%
--- Percent of households spending <20% of income on housing: 62.2%
--- Percent of households spending >30% of income on housing: 18.1%
- Total occupied households: 15,523
- Median household income: $74,843
- Median monthly housing cost: $843
- Median percent of income spent on housing: 14.3%
--- Percent of households spending <20% of income on housing: 61.2%
--- Percent of households spending >30% of income on housing: 17.6%
- Total occupied households: 7,597
- Median household income: $63,403
- Median monthly housing cost: $755
- Median percent of income spent on housing: 14.7%
--- Percent of households spending <20% of income on housing: 55.7%
--- Percent of households spending >30% of income on housing: 21.1%
- Total occupied households: 2,919
- Median household income: $65,132
- Median monthly housing cost: $798
- Median percent of income spent on housing: 14.8%
--- Percent of households spending <20% of income on housing: 56.1%
--- Percent of households spending >30% of income on housing: 21.1%
- Total occupied households: 2,118
- Median household income: $51,413
- Median monthly housing cost: $633
- Median percent of income spent on housing: 14.8%
--- Percent of households spending <20% of income on housing: 57.1%
--- Percent of households spending >30% of income on housing: 16.6%
- Total occupied households: 4,475
- Median household income: $52,804
- Median monthly housing cost: $652
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- Median percent of income spent on housing: 15.1%
--- Percent of households spending <20% of income on housing: 56.8%
--- Percent of households spending >30% of income on housing: 22.6%
- Total occupied households: 5,378
- Median household income: $69,647
- Median monthly housing cost: $878
- Median percent of income spent on housing: 15.2%
--- Percent of households spending <20% of income on housing: 56.4%
--- Percent of households spending >30% of income on housing: 18.7%
- Total occupied households: 2,891
- Median household income: $57,031
- Median monthly housing cost: $723
- Median percent of income spent on housing: 15.7%
--- Percent of households spending <20% of income on housing: 54.4%
--- Percent of households spending >30% of income on housing: 20.3%
- Total occupied households: 12,160
- Median household income: $63,582
- Median monthly housing cost: $832
- Median percent of income spent on housing: 16.0%
--- Percent of households spending <20% of income on housing: 53.7%
--- Percent of households spending >30% of income on housing: 21.1%
- Total occupied households: 5,207
- Median household income: $54,289
- Median monthly housing cost: $726
- Median percent of income spent on housing: 16.2%
--- Percent of households spending <20% of income on housing: 53.3%
--- Percent of households spending >30% of income on housing: 22.1%
- Total occupied households: 14,907
- Median household income: $55,896
- Median monthly housing cost: $755
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- Median percent of income spent on housing: 16.5%
--- Percent of households spending <20% of income on housing: 52.9%
--- Percent of households spending >30% of income on housing: 21.9%
- Total occupied households: 6,204
- Median household income: $60,161
- Median monthly housing cost: $826
- Median percent of income spent on housing: 16.8%
--- Percent of households spending <20% of income on housing: 51.5%
--- Percent of households spending >30% of income on housing: 16.2%
- Total occupied households: 3,365
- Median household income: $54,158
- Median monthly housing cost: $759
- Median percent of income spent on housing: 16.8%
--- Percent of households spending <20% of income on housing: 56.7%
--- Percent of households spending >30% of income on housing: 21.9%
- Total occupied households: 17,574
- Median household income: $82,659
- Median monthly housing cost: $1,160
- Median percent of income spent on housing: 17.5%
--- Percent of households spending <20% of income on housing: 60.4%
--- Percent of households spending >30% of income on housing: 16.0%
- Total occupied households: 3,340
- Median household income: $77,403
- Median monthly housing cost: $1,126
- Median percent of income spent on housing: 17.5%
--- Percent of households spending <20% of income on housing: 51.4%
--- Percent of households spending >30% of income on housing: 25.0%
- Total occupied households: 32,799
- Median household income: $62,772
- Median monthly housing cost: $914
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- Median percent of income spent on housing: 17.5%
--- Percent of households spending <20% of income on housing: 56.0%
--- Percent of households spending >30% of income on housing: 22.3%
- Total occupied households: 6,908
- Median household income: $66,964
- Median monthly housing cost: $978
- Median percent of income spent on housing: 17.8%
--- Percent of households spending <20% of income on housing: 46.4%
--- Percent of households spending >30% of income on housing: 28.0%
- Total occupied households: 964
- Median household income: $39,150
- Median monthly housing cost: $581
- Median percent of income spent on housing: 17.9%
--- Percent of households spending <20% of income on housing: 54.3%
--- Percent of households spending >30% of income on housing: 19.2%
- Total occupied households: 4,030
- Median household income: $50,903
- Median monthly housing cost: $758
- Median percent of income spent on housing: 18.1%
--- Percent of households spending <20% of income on housing: 48.8%
--- Percent of households spending >30% of income on housing: 25.7%
- Total occupied households: 13,251
- Median household income: $60,807
- Median monthly housing cost: $919
- Median percent of income spent on housing: 18.6%
--- Percent of households spending <20% of income on housing: 45.7%
--- Percent of households spending >30% of income on housing: 25.5%
- Total occupied households: 9,019
- Median household income: $84,678
- Median monthly housing cost: $1,311
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- Median percent of income spent on housing: 19.5%
--- Percent of households spending <20% of income on housing: 48.2%
--- Percent of households spending >30% of income on housing: 26.5%
- Total occupied households: 39,683
- Median household income: $66,910
- Median monthly housing cost: $1,086
- Median percent of income spent on housing: 20.6%
--- Percent of households spending <20% of income on housing: 49.7%
--- Percent of households spending >30% of income on housing: 19.7%
- Total occupied households: 3,845
- Median household income: $58,132
- Median monthly housing cost: $997
- Median percent of income spent on housing: 21.1%
--- Percent of households spending <20% of income on housing: 40.2%
--- Percent of households spending >30% of income on housing: 35.2%
- Total occupied households: 15,944
- Median household income: $49,322
- Median monthly housing cost: $868
