|Report Area||Total Households||Cost Burdened Households (Housing Costs Exeed 30% of Income)||Percentage of Cost Burdened Households (Over 30% of Income)|
|Franklin County, PA||58,570||15,744||26.88%|
Cost Burdened Households by Tenure, Total
|Report Area||Cost Burdened Households||Cost Burdened Rental Households||Cost Burdened Owner Occupied Households
|Cost Burdened Owner Occupied Households
(With No Mortgage)
|Franklin County, PA||15,744||6,823||7,001||1,920|
Cost Burdened Households by Tenure, Percent
|Report Area||Rental Households||Percentage of Rental Households that are Cost Burdened||Owner Occupied Households
|Percentage of Owner Occupied Households w/ Mortgages that are Cost Burdened||Owner Occupied Households
|Percentage of Owner Occupied Households w/o Mortgages that are Cost Burdened|
|Franklin County, PA||16,556||41.21%||25,528||27.42%||16,486||11.65%|
Housing Cost Burden (30%)
The American Community Survey (ACS) is a nationwide, continuous survey designed to provide communities with reliable and timely demographic, housing, social, and economic data. The ACS samples nearly 3 million addresses each year, resulting in nearly 2 million final interviews. The ACS replaces the long-form decennial census; however, the number of household surveys reported annually for the ACS is significantly less than the number reported in the long-form decennial census. As a result, the ACS combines detailed population and housing data from multiple years to produce reliable estimates for small counties, neighborhoods, and other local areas. Negotiating between timeliness and accuracy, the ACS annually releases current, one-year estimates for geographic areas with large populations; three-year and five-year estimates are also released each year for additional areas based on minimum population thresholds.
For more information about this source, including data collection methodology and definitions, refer to the American Community Survey website.
Counts of total households and households by monthly housing cost are acquired from the U.S. Census Bureau’s American Community Survey (ACS). Data represent estimates for the 5 year period 2011-2015. Mapped data are summarized to 2010 census tract boundaries. The data for monthly housing costs as a percentage of household income are developed from a distribution of “Selected Monthly Owner Costs as a Percentage of Household Income” for owner-occupied and “Gross Rent as a Percentage of Household Income” for renter-occupied units. The owner-occupied categories are further separated into those with a mortgage and those without a mortgage. Indicator statistics are measured as a percentage total households using the following formula:
For more information on the data reported in the American Community Survey, please see the complete American Community Survey 2013 Subject Definitions.
Courtesy: Community Commons, <www.communitycommons.org>, October 2017