Housing costs take up a large share of monthly income
Core finding
In a Verasight survey of 1,000 U.S. adults conducted May 22 to 24, 2024, 28% of Americans said they spend 31% or more of their monthly income on housing.
The rest were split across lower housing-cost brackets: 25% said they spend 11% to 20% of monthly income on housing, 24% said 21% to 30%, and 23% said 0% to 10%.
Topline distribution
28% of Americans spend 31% or more of monthly income on housing.
What percent of your monthly income do you spend on housing?
n = 1,000 · May 22–24, 2024 · MoE ±3.3%
Methodology
Full methodology →| Mode | Verasight panel recruited via random address-based sampling, random person-to-person text messaging, and dynamic online targeting |
|---|---|
| Population | US adults age 18+ |
| Field dates | May 22–24, 2024 |
| Base (unweighted) | 1,000 |
| Margin of error | ±3.3% |
| Module | Verasight AAPOR Omnibus Survey #2024-054 |
| Sponsor | Verasight |
| Weight variable | weight |
| Weighting targets | age, race/ethnicity, sex, income, education, region, metropolitan status |
Sources
- verasight-aapor-2024.tiiny.co
What percent of your monthly income do you spend on housing?
Cite this question
Verasight AAPOR Omnibus Survey #2024-054, fielded May 22-24, 2024, N=1,000 US adults age 18+, +/- 3.3%.