Thursday, September 21, 2017

Corrected--2010-2016: In All But 4 States % Increase in Renter Median Income HIGHER than % Increase in Owner Occupied Median HH Income.

Correction: In 4 states (Iowa, Louisiana, Nebraska, and New Jersey) from 2010-2016 the % increase in renter median HH income was NOT as much as the % increase in owner occupied median HH income. 
Legal size 3 page PDF is HERE and embedded below has the details (you may have to download to see all columns).

Oregon has moved from the 27th (2010) to the 22nd (2016) highest rank of % of renter HH median income to owner occupied median HH income.  Unlike 2010, Oregon's median renter income in 2016 is marginally higher than median renter HH income for the US ($37,322 for Oregon, $37,264 for the US)

But, in both the US and Oregon in 2016 renter median HH income is STILL only 51% of owner occupied median HH income. 

(The 2010 and 2016 1 year ACS table used for these calculations was B 25119).  

Originally created and posted on the Oregon Housing Blog

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