Tuesday, February 23, 2010

New DC Metro Area Housing/Transportation Cost Burden Report

This new report, "Beltway Burden" is available HERE. (A link to a cost calculator HERE currently doesn't work, but hopefully will get fixed).

From the report:
Region-wide, households spend an average of nearly $23,000 per year on housing and $13,000 on transportation. Combined, these costs represent almost 47 percent of the median household income. These cost burdens vary significantly across the 22 jurisdictions.
Unlike the proposed Portland Metro inclusion of "furnishings" in renter housing costs the DC index uses gross rent, which includes rent and utilities. (The DC index methodology is the same used in several other Metro areas, see the link HERE for details).

Originally created and posted on the Oregon Housing Blog.

No comments:

Post a Comment