While our community is often considered an affordable place to live, a closer look at rental costs shows that is not true for all. To afford a two-bedroom apartment, a renter in our community would need to make $18 an hour. In the metro, 25% of households make less than $17 an hour.
Almost 1 in 2 local renters are spending too much on housing. It is recommended that less than 30% of a household’s income be spent on housing costs. In our community, 45% of renters spend 30% or more of their income on housing costs. Of those who own their own home, only 19% spend more than 30% of their income on their home and related costs.
About the Data
This quick look at Housing comes from The Landscape, a set of thoughtfully collected data that provides a snapshot of our community today and reveals the areas where we could improve the quality of life.
By combining comprehensive, publicly available data with insight and knowledge from nonprofits and residents, The Landscape is a community resource that can help set priorities, identify areas for collaboration, and inform decision-making on investments.
Data Sources: U.S. Census American Community Survey 2014-2018 5-Year Estimates Table B25106 & S1901 (geographic area includes the Omaha-Council Bluffs MSA, which includes Douglas, Sarpy, Cass, Washington, Saunders, Pottawattamie, Mills & Harrison Counties). H2050 Equity Profile. The Housing and Urban Development’s (HUD) 2020 Fair Market Rent (FMR).