ACS: DC Residents Pay A Lot in Rent, Houses Are Old
The 2009 American Community Survey (a little bit like the movie trailer for the 2010 U.S. Census) was released yesterday and Housing Complex dived into the housing data related to the DC area.
The two most interesting nuggets that Lydia DePillis pulled out were related to the age of many DC residential buildings and the fact that city residents pay a lot in rent (as if you didn’t know that already):
- Eighty percent of our buildings were constructed before 1970, with the greatest portion–34.7 percent–built before 1940. That’s compared to 42.5 percent of housing units constructed before 1970 nationwide.
- 53.8 percent of renters pay more than $1,000 per month, and the median rent is $1,059. 41.6 percent of units pay more than 35 percent of the household’s income in rent, which is five percent above what is deemed affordable by HUD guidelines
For more highlights, click here.
This article originally published at https://dc.urbanturf.com/articles/blog/acs_dc_residents_pay_a_lot_in_rent_houses_are_old/2524.
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