Half of renters pay more than 30% of their income on shelter amid worsening affordable housing shortage. Here`s how Wisconsin compares.

The portion of Americans contributing more than a third of their income to rent has been rising for the past two decades, and today, it sits at around half of all renters, according to recently released Census data collected in 2023...

...The percentage of the renting population that was rent-burdened grew from 40% to nearly 50% between 2000 and 2020. Almost half of all households, at 49%, were rent-burdened in 2023, according to the latest housing data released by the Census in September. Harvard`s Joint Center for Housing Studies noted in a report published earlier this year that the rent-burdened population in the U.S. was at a record high. In Wisconsin, where more than 800.8 thousand people rent their homes, 39.4% are considered rent-burdened, while 19.2% of renters are severely rent burdened. Read the national analysis to see how other states compare....