Figure E
More than 80% of low-income Black and Hispanic families who rent struggle with housing insecurity: Share of low-income families who spend more than 30% of their income on rent, 2007–2023
| Year | Black | Hispanic | White | Black | Hispanic | White |
|---|---|---|---|---|---|---|
| 2007 | 80.8% | 78.0% | 74.4% | |||
| 2008 | 80.1% | 78.3% | 74.5% | |||
| 2009 | 81.9% | 78.9% | 76.7% | |||
| 2010 | 82.8% | 79.6% | 78.3% | |||
| 2011 | 82.8% | 80.1% | 78.8% | |||
| 2012 | 82.4% | 79.5% | 77.0% | |||
| 2013 | 82.0% | 78.3% | 77.3% | |||
| 2014 | 81.9% | 79.8% | 78.0% | |||
| 2015 | 81.4% | 79.1% | 76.1% | |||
| 2016 | 80.0% | 79.4% | 74.7% | |||
| 2017 | 80.2% | 79.6% | 74.9% | |||
| 2018 | 80.5% | 80.2% | 75.1% | |||
| 2019 | 79.9% | 79.8% | 73.6% | |||
| 2020 | ||||||
| 2021 | 84.3% | 81.5% | 77.0% | |||
| 2022 | 83.8% | 83.0% | 77.6% | |||
| 2023 | 85.1% | 83.0% | 76.7% |
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.
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- Low-income families of color took a heavy hit during the last two recessions: Trump’s economic agenda, based on austerity for the poor and subsidies for the rich, will leave these families at risk of even more hardship in the next recession
- The last two recessions have hit low-income families of color hard: Trump’s economic agenda will expose millions to even more pain when the next recession strikes
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