Saturday, August 21, 2010

Census Bureau Releases Detailed Information on Nation’s Housing

U.S. Monthly Housing Costs Reach $1,000 for Homeowners

The nation's homeowners paid a median of $1,000 in monthly housing costs in 2009, compared with $808 for renters, according to data released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. However, renters usually paid a higher percentage of their household income on these costs than did owners (31 percent compared with 20 percent).

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