Our second regional snapshot of 2020 builds off our general economic overview of January, in taking a more detailed look at housing (and specifically housing affordability) in the Atlanta Region. Key highlights of the snapshot include:
- The number of renter households in the region paying more than 30% of their income on housing cost has increased steadily over the last 10 years, while the number of cost-burdened owner households has declined.
- The overwhelming majority of lower income households in the region are cost-burdened. Recently, the greatest increase is cost-burdened households has been among those with annual incomes between $35,000 and $50,000
- The new Metro Atlanta Housing Strategy (MAHS) website provides an entry point for discussing housing affordability and identifying policies and tactics to address this issue.
- The site’s housing market subareas provide a foundational spatial framework for the housing strategy, enabling the identification of area-specific policies and tactics. Sample neighborhoods are used to provide, for each of the ten housing market subareas, a more localized view of area location and characteristics.
The slide deck below offers evidence (in charts and tables) to support the key findings. Click through the slides below or download the PDF Regional Snapshot: 2020 Regional Housing Affordability.