10 Cities With the Most House-Poor Homeowners (and 10 With the Fewest)

broke couple unhappy
tommaso79 / Shutterstock.com

This story originally appeared on SmartAsset.com.

According to the U.S. Department of Housing and Urban Development, a household that spends more than 30% of its combined income on housing is considered “cost-burdened.” And households spending over 50% on housing are considered “severely cost-burdened.” Many homeowners nationwide facing constraints based on their housing expense ratio may need to rethink their housing budget and move forward with a different personal finance plan. Some cities are more affected than others, however, which is why SmartAsset decided to take a closer look at the data to identify the cities with the most and fewest of these cost-burdened homeowners.

In order to do this, we compared the total number of homeowner households with the number of these households spending 50% or more on housing, as well as the number of these households spending between 30% and 50% of their income on housing. We used these numbers to find the percentage that fits into each category. For details on our data sources and how we put all the information together to create our final rankings, check out the Data and Methodology section at the end.

This is SmartAsset’s fifth study on this topic. Check out our 2020 version here.

The 10 Most Severely Housing Cost-Burdened Cities

1. Los Angeles, CA

Los Angeles neighborhood.
Andriy Blokhin / Shutterstock.com

There are 511,115 homeowner households in the City of Angels, and 93,475 of those pay between 30% and 50% of their income on housing costs. Another 95,584 spend at least 50% of their income on housing. This means that 36.99% of owner-occupied households are housing cost-burdened there, and 18.70% are severely cost-burdened.

2. Miami, FL

Alan L Meakin / Shutterstock.com

Miami has 55,878 owner-occupied households, and 20,186 of those are burdened by housing costs, totaling just over 36% of all homes. Another 10,307 of these homes pay at least 50% of their income in housing costs, accounting for 18.45%.

3. New York, NY

New York City homes neighborhood
Tupungato / Shutterstock.com

It’s no secret that the Big Apple is expensive. Out of 1,022,819 homeowner households in the city, 326,439 are cost-burdened, accounting for 31.92%. Another 167,589 owner-occupied homes in New York City spend at least 50% of their income on housing, making up 16.38% of all owner-occupied homes.

4. Oceanside, CA

Oceanside California Harbor
Gabriele Maltinti / Shutterstock.com

In this city near San Diego, 36.65% of Oceanside’s 37,426 owner-occupied homes are burdened by housing costs. Another 5,651 homeowner households pay more than 50% of their income on housing, which accounts for 15.17% of all owner-occupied homes.

5. Long Beach, CA

Long Beach California homes
L.A. Nature Graphics / Shutterstock.com

This Southern California city has 64,944 homeowner households, and 32.43% of those spend at least 30% of their income on housing costs. Those with a severe housing cost-burden make up 14.09% of all Long Beach owner-occupied homes.

6. New Orleans, LA

New Orleans, Louisiana at night
f11 photography / Shutterstock.com

The Big Easy isn’t always easy to afford. More than 28% of the city’s 75,257 homeowner households spend at least 30% of their income on housing costs. And another 13.95%, made up of 10,498 owner-occupied households, spend at least 50% of their income on housing costs.

7. Irvine, CA

Irvine, California
LagunaticPhoto / Shutterstock.com

This Orange County suburb has 45,526 homeowner households, and 7,704 of those spend between 30% and 50% of their income on housing. Another 6,177 owner-occupied homes are severely cost-burdened, paying more than 50% of their income on housing costs.

8. San Francisco, CA

Homes in San Francisco, California
Sergey Novikov / Shutterstock.com

San Francisco has 135,852 homeowner households, and 28.92% of them pay at least 30% of their income on housing costs. Another 18,426 homeowner households spend at least 50% of their income on housing costs, meaning that 13.56% of the owner-occupied homes in the city are severely housing cost-burdened.

9. Fort Lauderdale, FL

Fort Lauderdale Florida
GagliardiPhotography / Shutterstock.com

About 29% of the 41,612 homeowner households in this South Florida city spend between 30% and 50% of their income on housing costs. And another 5,572 (13.39%) are severely cost-burdened, spending at least 50% of their income on housing.

10. Chula Vista, CA

Chula Vista California Homes
bonandbon / Shutterstock.com

Chula Vista, California, rounds out the top 10. Almost 34% of 49,726 homeowner households there are housing cost-burdened, paying at least 30% of their income on housing costs. Another 6,593 homeowner households (13.26%) are severely cost-burdened, spending at least 50% of their income on housing.

The 10 Least Severely Housing Cost-Burdened Cities

1. Raleigh, NC

Raleigh, North Carolina
Sharkshock / Shutterstock.com

Raleigh, North Carolina, has 96,410 homeowner households, and only 3.83% of those (3,688 homes) are severely cost-burdened. Another 15.27% of total owner-occupied homes pay at least 30% of their income on housing costs.

2. Lincoln, NE

Lincoln, Nebraska
Mark Dahmke / Shutterstock.com

This Nebraska state capital and college town has 67,511 homeowner households, and 14.83% of those are spending between 30% and 50% of their income on housing. Only 4.75% are severely cost-burdened, spending 50% or more of their income on housing.

3. Overland Park, KS

Overland Park Kansas
Jacob Boomsma / Shutterstock.com

Overland Park, Kansas, has 51,660 homeowner households, and 16.12% of those are spending at least 30% of their income on housing. Only 4.79% are severely cost-burdened, paying at least 50%.

4. Lexington, KY

Lexington, Kentucky
Henryk Sadura / Shutterstock.com

Lexington, Kentucky, has 70,322 homeowner households, and 16.86% of those pay at least 30% of their income on housing costs. Only 4.84% of these households are paying at least 50% of their income on housing.

5. Gilbert, AZ

Gilbert, Arizona
Tim Roberts Photography / Shutterstock.com

Located in Maricopa County, Gilbert has 61,517 homeowner households, and 17.26% of those spend between 30% and 50% of their income on housing costs. Only 5.75% pay at least 50% of their household income on housing.

6. Madison, WI

Madison, Wisconsin
MarynaG / Shutterstock.com

This state capital and college town has 52,400 owner-occupied households, and 16.87% of those are burdened by housing costs. Only 5.76% are severely burdened, spending at least 50% of their income on housing.

7. Dothan, AL

Dothan Alabama Map
SevenMaps / Shutterstock.com

Dothan, Alabama, is the smallest city in our study, with 15,891 owner-occupied households. Of those, only 15.30% are burdened by housing costs, and just 5.87% are severely burdened.

8. Columbus, OH

Columbus Ohio
f11photo / Shutterstock.com

Columbus, Ohio, is the largest city in the bottom 10, with 167,715 total homeowner households. Cost-burdened homes add up to 18,835, 17.37% of total owner-occupied homes. And 6.14% are severely burdened, spending at least 50% of their income on housing.

9. St. Paul, MN

St Paul Minnesota
Henryk Sadura / Shutterstock.com

St. Paul, Minnesota, has 57,817 homeowner households, and 3,555 of those (6.15% out of total owner-occupied homes) are severely cost-burdened. Another 19.79% (7,887 homes) pay at least 30% of their income on housing costs.

10. Vancouver, WA

Homes in Vancouver, Washington
Rigucci / Shutterstock.com

Vancouver, Washington, rounds out the bottom 10. With 36,433 homeowner households, 22.50% pay at least 30% of their income on housing costs, and only 6.21% pay at least 50%.

Data and Methodology

Photografeus / Shutterstock.com

To find where homeowners in the U.S. are the most and least severely housing cost-burdened, we examined 106 cities that had data available. For each of these cities, we found the total number of homeowner households, the number of homeowner households spending between 30% and 50% of their income on housing, and the number of homeowner households spending more than 50% of their income on housing.

We took the number of homeowner households in each city paying more than 50% of their income on housing and divided it by the total number of homeowner households in that city in order to calculate the percentage of households that are severely housing cost-burdened. We then ranked each city based on this percentage. We also calculated the percentage of these households in each city paying more than 30% of their income on housing, but this did not impact the ranking.

Data comes from the U.S. Census Bureau 2019 1-year American Community Survey.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
Stop Overpaying for These 10 Common Purchases
Stop Overpaying for These 10 Common Purchases

The best price for many of these items is “free.”

7 Ways to Save Money Without Trying
7 Ways to Save Money Without Trying

Saving money doesn’t always mean drudgery and sacrifice. These tools make it easy — sometimes even fun.

7 Common Online Shopping Mistakes That Will Cost You
7 Common Online Shopping Mistakes That Will Cost You

How many of these costly online shopping missteps are you making without realizing it?

7 Tricks to Cleaning Your Bathroom Faster
7 Tricks to Cleaning Your Bathroom Faster

These tips can get your bathroom sparkling with little time and no elbow grease.

11 Home Upgrades With the Best Payback in 2020
11 Home Upgrades With the Best Payback in 2020

The home remodeling projects that deliver the best bang for the buck tend to have one thing in common.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
If You Find This Thrift Shopping, Buy It
If You Find This Thrift Shopping, Buy It

This iconic dinnerware is prized for everyday use as well as reselling for profit.

This Health Issue Can Hint at Dementia Years in Advance
This Health Issue Can Hint at Dementia Years in Advance

One type of pain is especially associated with cognitive decline.

How to Buy Gas At Costco Without a Membership
How to Buy Gas At Costco Without a Membership

The warehouse club often has some of the cheapest gas in town. Here’s how you can get it as a nonmember.

20 Things That Are Actually Worth Stockpiling
20 Things That Are Actually Worth Stockpiling

You don’t need a year’s supply of toilet paper to survive an outbreak, but consider stocking up on these items.

9 of the Best Things to Do When You Retire
9 of the Best Things to Do When You Retire

You’ve waited all your life for this moment. Make the most of your retirement.

Medicare Will Not Cover These 6 Medical Costs
Medicare Will Not Cover These 6 Medical Costs

Don’t let these health care expenses catch you off guard in retirement.

7 Kirkland Signature Items to Avoid at Costco
7 Kirkland Signature Items to Avoid at Costco

Even if it seems you save a bundle buying Costco’s Kirkland Signature brand products, they may not be the bargain they appear to be.

Beware This Hidden Ingredient in Rotisserie Chicken
Beware This Hidden Ingredient in Rotisserie Chicken

Something foul may lurk in those delicious, ready-to-eat birds.

5 Ways to Get Amazon Prime for Free
5 Ways to Get Amazon Prime for Free

Hesitant to drop $119 a year on an Amazon Prime membership? Here’s how to get it for free.

Never Buy These 10 Things on Amazon
Never Buy These 10 Things on Amazon

Just because you can purchase something on Amazon doesn’t mean that you should.

7 Big Purchases You Should Never Make
7 Big Purchases You Should Never Make

Sometimes a big-ticket purchase is nothing more than a big waste of money.

8 of the Worst Things to Buy at Target
8 of the Worst Things to Buy at Target

No store can specialize in everything. For some purchases, it’s smart to shop elsewhere.

8 Things You Should Be Buying at Thrift Stores
8 Things You Should Be Buying at Thrift Stores

For one expert, these secondhand bargains stand out from the rest.

5 States With the Worst Health Care for Retirees
5 States With the Worst Health Care for Retirees

All of these states are located in the same region of the nation.

20 Great Part-Time Jobs for Retirees
20 Great Part-Time Jobs for Retirees

Retirees can dial back the intensity of work while continuing to bring in a paycheck.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

8 Types of Companies That Check Your Credit Report
8 Types of Companies That Check Your Credit Report

Federal law lets these entities peek at your credit — regardless of whether you’re borrowing money.

11 Foods That Can Keep for Years
11 Foods That Can Keep for Years

These are some of the longest-lasting groceries you can buy.

Selling Your Stuff? Don’t Fall for These 5 Negotiating Tricks
Selling Your Stuff? Don’t Fall for These 5 Negotiating Tricks

Don’t let buyers fleece you — whether you’re selling via a yard sale or Facebook Marketplace.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.