Individuals and families achieve financial stability and 1 more...less...

1: Access to basic needs

FS-Ind. 1.3: % of Story County renting households spending 30% or more of income in rent

54.6%FY 2020

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Story Behind the Curve

"Expenses such as rent, utility costs and other fees take away money that could be saved or invested in other assets. When these expenses exceed 30% of household income, the household is classified as 'cost-burdened' and is at risk of eviction or homelessness if it suffers a decline in income." (ProsperityNow.org)

In Story County, an astonishing 19% of all rental households are "severely" cost-burdened, meaning they spend over 50% of their income on rent (County Health Rankings, 2020).

FY20-21 note: This data is not yet available for 2020. The Census Bureau notes: "The Census Bureau will not release its standard 2020 ACS 1-year estimates because of the impacts of the COVID-19 pandemic on data collection. Experimental estimates, developed from 2020 ACS 1-year data, will be available on the ACS Experimental Data webpage no later than November 30th."

Scorecard Result Container Indicator Measure Action Actual Value Target Value Tag S R I P PM A m/d/yy m/d/yyyy