THDA works to identify and meet the housing needs of cost-burdened households. To see more research in this area, please explore the Tennessee Housing Needs Assessment

on our website at www.thda.org.

404 James Robertson Parkway, Suite 1200, Nashville, TN 37243-0900 twitter.com/TN_Housing_Dev facebook.com/TNHousing

“Families who pay more than 30% of their income for housing are considered cost-burdened and may have difficulty affording necessities such as food, clothing,

transportation, and medical care.”- from HUD.gov

-16%Change in renters’ income between 2000 and 2010 Median Gross Rent has

increased 4%over the same time period

Cost-Burdened Rental Households in Tennessee Featuring data from the Tennessee Housing Needs Assessment

2000 2010Rent $631 $658Median Income $30,013 $25,305

$600

$700

$25,000

$30,000

2000 20102000 2010

Income

Rent

311,354# of Tennessee renters who are cost-burdened

this represents 42% of all renters in 2010

Average Monthly Expenditures for Low-Income Families with Children in 2010* Unburdened Household Severely Cost-Burdened Household

Unburdened Severely burdenedHousing $245 $886Food $466 $289Transportation $197 $86Healthcare $51 $19Personal Insurance and Pensions $95 $67Clothes $61 $29Entertainment $62 $37Other $207 $92

Average Monthly Expenditures for Low-Income Families with Children in 2010*

*Note: Low-income homeowner and rental households are included. Severely cost-burdened households devote more than half of their expenditures to housing. Unburdened households spend less than 30 percent.

Source: The State of the Nation's Housing 2012 by The Joint Center for Housing Studies of Harvard University.

Housing 18%

Food 34%

Transportation 14%

Other 34%

Unburdened Households Severely Cost-Burdened HouseholdsHousing $245 $886Food $466 $289Transportation $197 $86Other $476 $244

Average Monthly Expenditures for Low-Income Families with Children in 2010*

*Note: Low-income homeowner and rental households are included. Severely cost-burdened households devote more than half of their expenditures to housing. Unburdened households spend less than 30 percent.

Source: The State of the Nation's Housing 2012 by The Joint Center for Housing Studies of Harvard University.

Housing 59% Food

19%

Transportation 6%

Other 16%

*Note: Low-income homeowner and rental households are included. Severely cost-burdened households devote more than half of their expenditures to housing. Unburdened households spend less than 30 percent.

Source: The State of the Nation’s Housing 2012 by The Joint Center for Housing Studies of Harvard University.