Even as the economy continues to improve, many American workers are still struggling to make ends meet. Authors Lisa Sturtevant and Janet Viveiros analyze 2009-2012 American Community Survey data to find that for millions of households, housing costs account for more than half of the household’s monthly income. And even though the share of working households with a severe housing cost burden fell in 2012, housing affordability remains a severe challenge for millions of working individuals and families. Renter households are more than twice as likely to be housing cost burdened than owner households. In 2012, 24.7 percent of all renter households were severely burdened compared to 10.5 percent of all owner households.
Lisa Sturtevant, Ph.D. is NHC’s Vice President for Research and Director of the Center for Housing Policy. Her primary areas of research include the relationship between housing and economic development, residential mobility and demographics.
Janet Viveiros is a senior research associate at NHC. Janet’s research interests center on the connection between affordable housing and education, health and economic self-sufficiency outcomes.