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Wisconsin
Statistics on children, youth and families in Wisconsin from the Annie E. Casey Foundation and Kids Forward
Households with housing costs of more than 30% of income in Wisconsin
Households with housing costs of more than 30% of income
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Why This Indicator Matters
Households with high housing costs may have difficulty affording other basic necessities like food, transportation, and health care.
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Definition and Source
PROVIDER
Definition
These data represent the number of occupied housing units with housing costs that are 30% or more of that household's income. Percentages are the percentage of occupied housing units with housing costs that are 30% or more of that household's income, out of the total number of occupied housing units in the state or county. These data are five-year averages, and reflect both owners and renters.
The American Community Survey explains housing costs with the description below.
Selected monthly owner costs are the sum of payments for mortgages, deeds of trust, contracts to purchase, or similar debts on the property (including payments for the first mortgage, second mortgages, home equity loans, and other junior mortgages); real estate taxes; fire, hazard, and flood insurance on the property; utilities (electricity, gas, and water and sewer); and fuels (oil, coal, kerosene, wood, etc.). It also includes, where appropriate, the monthly condominium fee for condominiums and mobile home costs (personal property taxes, site rent, registration fees, and license fees). Selected monthly owner costs were tabulated for all owner-occupied units.
Gross rent provides information on the monthly housing cost expenses for renters. Gross rent is the contract rent plus the estimated average monthly cost of utilities (electricity, gas, and water and sewer) and fuels (oil, coal, kerosene, wood, etc.) if these are paid by the renter (or paid for the renter by someone else). Gross rent is intended to eliminate differentials that result from varying practices with respect to the inclusion of utilities and fuels as part of the rental payment. The estimated costs of water and sewer, and fuels are reported on a 12-month basis but are converted to monthly figures for the tabulations.
Data Source
These data are five-year estimates from the American Community Survey, Table B25106, Tenure by Housing Costs as a Percentage of Household Income in the Last 12 Months.
Last Updated
December 2023