Chamberofcommerce.org, a business-minded website recently published an article outlining the cities with the most “House Poor” Homeowners. They define “house poor” as synonymous with “cost burdened,” using the 30% rule. That is: a household is considered cost-burdened if they spend more than 30% of their income on housing and housing-related expenses, such as insurance and utilities.
The top five cities with the most “house poor” homeowners were: Hialeah, FL; Los Angeles, New York, Miami, and Hollywood, FL. The top 10 include more cities in California and Florida, along with Honolulu, Hawaii. Rates of house-poor homeowners ranged from 44% to 59%.
For details, visit here: https://ui.charlotte.edu/2025/11/18/homeownership-costs-are-rising-but-rent-is-a-whole-nother-story