| Median gross rent as a percentage of income |
|
36.32 |
 |
Median gross rent as
a percentage of income is highest at 41 percent in the
poorest Census Tract, 34. |
| |
|
| |
Overtown residents are “rent-burdened,” according
to the threshold 30 percent of household income expended
for housing. |
|
About 30 percent of occupied units in Overtown
rent for between $250 and $350 per month.
About 80 percent of occupied units in Overtown rent for between $150 and
$800 per month.
With median household income at $12,052, the maximum affordable monthly
housing expenditure is $301.40 per month.
Only 1118 (39.8 percent) of Overtown households earn above the median income
range for Overtown.
Upon initial assessment, there is a sufficient number of total units/existing
structures (3933) to accommodate all current Overtown households (2812).
However, subtracting structures constructed pre-1970 (2305 units or 42.1
percent) leaves 1628 viable units in Overtown, resulting in significant
shortfalls at every unit size. |
| (1) Median family
income in Overtown is $13,212. Census data distinguishes family
data from household data. The figures presented herein are
based on household data, as household income figures are the
basis for most housing subsidy program assessments. |
