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More Than Half of San Diego Households Must Spend 30% of Income to Make Rent

In October 2023, the US Census Bureau reported that 21.8 million households are cost-burdened, meaning they spend more than 30% of their income on rent. The San Diego metro area had the highest percentage of cost-burdened households at 58%, with 30% of households severely cost-burdened. This is the highest level since 2012, due to rising rents outpacing income growth.

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