Friday, January 20, 2023

Oregonians Spend More of Their Income on Rent Than Most U.S. Renters — but not as Much as Californians

Using data from the U.S. Bureau of Economic Analysis and the U.S. Department of Housing and Urban Development, moving experts with Forbes Home conducted a study that found Oregonians spend an average of $1,284 on rent. 

With an average monthly income of $5,133, that means renters in the state are spending more than 25% of their income on rent each month.

Oregon came in ninth on the list of the states with the highest percentage of their income spent on rent. Hawaii led the group, with 42.06% of income spent on rent on average, followed by California at 28.47%. 

Read more at KOIN.com.


No comments:

Post a Comment

Thanks for your comment! It has been sent to the moderator for review.