GNRC Economic Data Highlights - Sept 2021

Source: ACS 5‐year estimates 2015‐2019

Quality of Life: Cost Burden for Housing

% Cost Burdened Renters

% Cost Burdened Owners

Cost burden is highest in Davidson (45%), Rutherford (42%), and Montgomery (43%) among renters. Cost burdened is defined as spending 30% or more of one’s monthly income on housing costs or rent.

Total Cost Burdened % Cost Burdened

689,438 203,711

27% 28% 22% 32% 21% 23% 25% 29% 24% 26% 23% 25% 29% 21% 23%

Tennessee

43% 43% 34% 45% 35% 33% 40% 43% 40% 42% 29% 41% 33% 39% 40%

18% 19% 19% 22% 16% 20% 20% 20% 18% 17% 21% 20% 28% 17% 17%

GNRC REGION Cheatham County Davidson County Dickson County Houston County Humphreys County Montgomery County Robertson County Rutherford County Stewart County Sumner County Trousdale County Williamson County

3,386

90,850

4,039

651

1,660

21,241

6,133

28,995

1,206

17,074

Among owners, Cost burden is highest in Davidson (22%) and Trousdale (28%).

913

16,326 11,237

Wilson County

32

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