# Housing costs take up a large share of monthly income

Canonical page: https://data.verasight.io/money/housing-costs-take-up-a-large-share-of-monthly-income/

> Indexed question in Money & Finance.

## Reading

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

What percent of your monthly income do you spend on housing?

28% of Americans spend 31% or more of monthly income on housing.

- 31% or greater: 27.9%
- 11-20%: 24.7%
- 21-30%: 24.2%
- 0-10%: 23.2%

## 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: 2024-05-22 → 2024-05-24
- 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

## Source

- Canonical question URL: [https://verasight-aapor-2024.tiiny.co#housing-expenses-as-a-percentage-of-income](https://verasight-aapor-2024.tiiny.co#housing-expenses-as-a-percentage-of-income)

## Citation

Verasight AAPOR Omnibus Survey #2024-054, fielded May 22-24, 2024, N=1,000 US adults age 18+, +/- 3.3%.

Canonical question URL: [https://verasight-aapor-2024.tiiny.co#housing-expenses-as-a-percentage-of-income](https://verasight-aapor-2024.tiiny.co#housing-expenses-as-a-percentage-of-income)