Housing is considered affordable when costs do not exceed 30% of the household’s income. The 2012 American Community Survey showed 77% of homeowners and 46% of renters in Dubuque lived in housing they could afford. In Dubuque, Black and Asian populations tend to be the most cost burdened with 29% of Blacks and 36% of Asians paying more than 50% of their household income on their housing.
FROM THE SURVEY:
- 33.9% of survey respondents who rent say they are living in their ideal housing situation, compared to 81.5% of respondents who own a home. Of those renters who said they were not living in their ideal housing situation, the majority stated it was due to their desire to own a home.
FROM THE DIALOGUES:
- There are not enough affordable housing options available within the community for those earning a minimum wage.
- The physical condition of homes that might be affordable is poor and may not be suitable for some families, which limits options for those with limited income.
- Transitional housing was discussed for those coming from a shelter. Because many of these individuals have limited incomes, they may not be able to afford housing that is safe for their families. This increases the odds that these individuals will return to shelters.