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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.
Year	By	United States	State of Missouri	Boone County	City of Columbia	Columbia 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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