"One way Californians cope with pricey housing is by squeezing more than the typical number of people into their living spaces. My trusty spreadsheet identified this affordability twist by analyzing 2024 Census Bureau housing details for the 50 states and the District of Columbia. These latest figures detail how many people live in the average housing unit and how much they pay. Let's start with renters."
"Last year, California had 2.63 people living in the average rental. That's 21% above the 2.17 nationwide average. Only Hawaii had more densely populated rentals with 2.64 residents. No. 3 was Nevada at 2.47, followed by Utah at 2.44, and Florida at 2.43. Texas was No. 8 at 2.35. The fewest folks per rental were in Vermont at 1.79, Maine at 1.82, North Dakota at 1.83, D.C. at 1.86, and South Dakota at 1.9."
"Next, ponder how many people live in a home they own. Last year, the average California owner had 2.92 people in their residence, the third-highest density among the states and 15% above the nation's 2.54 residents per unit. Only Utah, at 3.11 people per unit, and Hawaii, at 2.98, topped California. No. 4 was Texas at 2.87, followed by Alaska and New Jersey at 2.77."
California averaged 2.63 people per rental unit in 2024, 21% above the 2.17 national renter average. Only Hawaii (2.64) and Nevada (2.47), Utah (2.44) and Florida (2.43) had similarly high renter densities. Median rent in California was $2,104 per month, 60% above the national $1,319, with 27% of renters paying half or more of their income on rent. Homeowners in California averaged 2.92 people per owner-occupied unit, third-highest nationally and 15% above the 2.54 national owner average. Utah (3.11) and Hawaii (2.98) had higher ownership densities. Typical Californian homeowners paid about $2,280 monthly, roughly 70% above the national owner median.
Read at www.ocregister.com
Unable to calculate read time
Collection
[
|
...
]