The rise in severe housing insecurity since the pandemic recession affects all low-income homeowners: Share of low-income homeowners that spend more than 50% of their income on housing costs, 2007–2023
| Year | Black | White | Hispanic | Black | White | Hispanic |
|---|---|---|---|---|---|---|
| 2007 | 46.6% | 40.0% | 44.9% | |||
| 2008 | 47.1% | 39.6% | 44.9% | |||
| 2009 | 47.6% | 40.7% | 43.4% | |||
| 2010 | 47.3% | 41.3% | 40.9% | |||
| 2011 | 47.2% | 40.2% | 39.6% | |||
| 2012 | 42.1% | 37.3% | 34.1% | |||
| 2013 | 39.3% | 35.3% | 33.3% | |||
| 2014 | 38.2% | 34.4% | 30.8% | |||
| 2015 | 37.6% | 33.6% | 29.9% | |||
| 2016 | 36.4% | 32.6% | 27.4% | |||
| 2017 | 34.5% | 30.9% | 28.1% | |||
| 2018 | 34.9% | 32.3% | 28.5% | |||
| 2019 | 37.4% | 31.0% | 28.9% | |||
| 2020 | ||||||
| 2021 | 40.8% | 35.7% | 33.4% | |||
| 2022 | 40.4% | 34.3% | 31.9% | |||
| 2023 | 41.5% | 35.3% | 33.0% |
Note: Shaded areas denote recessions. Race and ethnicity are mutually exclusive (i.e., white alone non-Hispanic, Black alone or in any combination non-Hispanic, Hispanic any race). Data for 2020 are omitted due to data quality issues.
Source: EPI analysis of 2007–2023 American Community Survey 1-Year microdata via IPUMS.