Data Source:

United States Census Bureau, American Community Survey

Analysis:

Silicon Valley Institute for Regional Studies

Data for owners’ and renters’ housing costs are from the United States Census Bureau, American Community Survey 5-Year (2010, 2015, and 2020) and 1-Year (2021) Estimates. This indicator measures the share of owners and renters spending 30% or more of their monthly household income on housing costs. Renter data are calculated percentages of gross rent to household income in the past 12 months. Owner data are calculated percentages of selected monthly owner costs to household income in the past 12 months. Owners data are solely based on housing units with a mortgage; Renters data are based on the share of those who pay rent. According to the U.S. Department of Housing and Urban Development, housing costs greater than 30% of household income pose moderate to severe financial burdens. Data for housing burden by industry of employment was from the American Community Survey 1-Year estimates for 2021. Tech workers include Software, Computer Hardware Design & Manufacturing, and Internet & Information Services. Data for housing burden by industry of employment was from the American Community Survey 1-Year estimates for 2019.

*Includes Software, Computer Hardware Design & Manufacturing, and Internet & Information Services.

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