The
average U.S. household spends just 16 % of its income on non-recoupable housing costs — either rent
payments, or
monthly house
payments that do not lower the
mortgage principal (including
mortgage interest, property taxes, maintenance and insurance.)
Average mortgage payment, as well as average monthly rent, is based on the Federal Reserve's Report on the Economic Well - Being of U.S. Households i
Average mortgage payment, as well as
average monthly rent, is based on the Federal Reserve's Report on the Economic Well - Being of U.S. Households i
average monthly rent, is based on the Federal Reserve's Report on the Economic Well - Being of
U.S. Households in 2014.