10:47 PM
Julio Barreto
The Housing Assistance Council (HAC) released new statistics which demonstrates the needs of renters in rural communities is often overlooked. Using data culled from the 2005 American Housing Survey (AHS) and the 2000 Census of Population and Housing, HAC released the following:1. Twenty-four percent of the rural housing stock, more than 6.3 million units, is renter-occupied.2. Four states have rural rental rates higher than the national average – Alaska, California, Hawaii, and Rhode Island.3. Renters in rural communities live on an average income of approximately $21,000 while owners in rural communities subsist on an average income of approximately $43,000.4. Thirty-nine percent of minority headed households in rural communities are renters compared to one-fifth of rural white...
