` Columbia BID Project

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Average Cost of Rent or Home Ownership Compared to Median Family Income

The percent of monthly income spent on housing as figured by median family income (divided by 12 months) compared to median monthly rent or mortgage cost.

Bolded values indicate margins of error, hover over them to view in detail.

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YearByUnited StatesState of MissouriBoone CountyCity of ColumbiaColumbia Schools
2018 - 2022
Rent

-

-

-

-

-

Total

21.5%

12.5%

11.6%

11.5%

11.7%

Black

31.5%

18.4%

19.8%

20.2%

19.8%

White

20.0%

12.0%

11.2%

10.7%

11.0%

Mortgage

-

-

-

-

-

Total

22.0%

19.0%

17.7%

18.2%

18.3%

Black

32.2%

27.9%

30.1%

32.0%

31.1%

White

20.4%

18.2%

17.0%

17.0%

17.4%

2017 - 2021
Rent

-

-

-

-

-

Total

23.5%

13.6%

12.7%

12.7%

12.7%

Black

34.6%

20.2%

19.9%

17.7%

20.1%

White

21.9%

13.1%

12.3%

11.9%

12.0%

Mortgage

-

-

-

-

-

Total

23.9%

20.7%

19.4%

20.1%

20.0%

Black

35.3%

30.7%

30.3%

28.1%

31.5%

White

22.3%

19.8%

18.7%

18.9%

18.9%

2016 - 2020
Rent

-

-

-

-

-

Total

16.4%

13.9%

13.2%

13.1%

13.3%

Black

24.3%

20.5%

23.4%

23.6%

24.0%

White

15.4%

13.2%

12.6%

12.2%

12.4%

Mortgage

-

-

-

-

-

Total

24.3%

21.2%

21.0%

22.0%

22.0%

Black

36.0%

31.4%

37.3%

39.4%

38.1%

White

22.8%

20.2%

20.0%

20.4%

20.2%

Suggested citation: United States Census Bureau. American Community Survey, Median Family income. United States Census [Table B19113]. United States Census Bureau. American Community Survey, Selected Housing Characteristics. United States Census [Table DP04]. Cited in the Boone Indicators Dashboard as Average Cost of Rent or Home Ownership Compared to Median Family Income. http://booneindicators.org/IndicatorView.aspx?id=4929
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