Percent of households that are cost burdened (owner and renter)
Why Is This Important?
Population is projected to continue to increase in Olathe in the coming years. Having affordable and attainable housing options for Olathe residents provides a step towards greater inclusiveness and connectedness in our community, while also contributing to a greater quality of life for all residents.
The Department of Housing and Urban Development (HUD) defines cost-burdened families as those “who pay more than 30 percent of their income for housing” and “may have difficulty affording necessities such as food, clothing, transportation, and medical care.” This measure specifically tracks how many households in our community are cost burdened using data from the US Census Bureau based upon a 5-year estimated average.
Meeting Target | Close to Target | Off Target