Title:               Burdened Households (5-year estimate) in Itasca County, MN
Series ID:           DP04ACS027061
Source:              U.S. Census Bureau
Release:             Burdened Households (Not a Press Release)
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Percent
Date Range:          2010-01-01 to 2022-01-01
Last Updated:        2023-12-07 11:32 AM CST
Notes:               Burdened households are those households who pay 30 percent or more of
                     their household income on housing (such as rent or mortgage expenses).
                     
                     This is calculated as the sum of households with a mortgage spending
                     30.0-34.9% of their income on selected monthly owner costs, households
                     with a mortgage spending 35.0% or more of their income on selected
                     monthly owner costs, households without a mortgage spending 30.0-34.9%
                     of their income on selected monthly owner costs, households without a
                     mortgage spending 35.0% or more of their income on selected monthly
                     owner costs, households that rent spending 30.0-34.9% of their income
                     on gross rent, and households that rent spending 35.0% or more of
                     their income on gross rent (ACS 5-year variables DP04_0114E,
                     DP04_0115E, DP04_0123E, DP04_0124E, DP04_0141E, and DP04_0142E
                     respectively from table DP04) divided by the sum of the total number
                     of households with a mortgage, the total number of households without
                     a mortgage, and the total number of households that rent (ACS 5-year
                     variables DP04_0110E, DP04_0117E, and DP04_0136E respectively from
                     table DP04). Note that the calculation excludes households where
                     selected monthly owner costs or gross rent cannot be calculated.
                     
                     Selected monthly owner costs are the sum of payments for mortgages,
                     deeds of trust, contracts to purchase, or similar debts on the
                     property (including payments for the first mortgage, second mortgages,
                     home equity loans, and other junior mortgages); real estate taxes;
                     fire, hazard, and flood insurance on the property; utilities
                     (electricity, gas, and water and sewer); and fuels (oil, coal,
                     kerosene, wood, etc.). It also includes, where appropriate, the
                     monthly condominium fee for condominiums and mobile home costs
                     (installment loan payments, personal property taxes, site rent,
                     registration fees, and license fees).
                     
                     Gross rent provides information on the monthly housing cost expenses
                     for renters. Gross rent is the contract rent plus the estimated
                     average monthly cost of utilities (electricity, gas, and water and
                     sewer) and fuels (oil, coal, kerosene, wood, etc.) if these are paid
                     by the renter (or paid for the renter by someone else). Gross rent is
                     intended to eliminate differentials that result from varying practices
                     with respect to the inclusion of utilities and fuels as part of the
                     rental payment. The estimated costs of water and sewer, and fuels are
                     reported on a 12-month basis but are converted to monthly figures for
                     the tabulations.
                     
                     Multiyear estimates from the American Community Survey (ACS) are
                     "period" estimates derived from a data sample collected over a period
                     of time, as opposed to "point-in-time" estimates such as those from
                     past decennial censuses. ACS 5-year estimate includes data collected
                     over a 60-month period. The date of the data is the end of the 5-year
                     period. For example, a value dated 2014 represents data from 2010 to
                     2014. However, they do not describe any specific day, month, or year
                     within that time period.
                     
                     Multiyear estimates require some considerations that single-year
                     estimates do not. For example, multiyear estimates released in
                     consecutive years consist mostly of overlapping years and shared data.
                     The 2010-2014 ACS 5-year estimates share sample data from 2011 through
                     2014 with the 2011-2015 ACS 5-year estimates. Because of this overlap,
                     users should use extreme caution in making comparisons with
                     consecutive years of multiyear estimates.
                     
                     Please see "Section 3: Understanding and Using ACS Single-Year and
                     Multiyear Estimates" on publication page 13 (file page 19) of the 2018
                     ACS General Handbook
                     (https://www.census.gov/content/dam/Census/library/publications/2018/acs/acs_general_handbook_2018.pdf)
                     for a more thorough clarification.

DATE                     VALUE
2010-01-01  30.292207792207794
2011-01-01  30.097087378640776
2012-01-01  30.338116981952602
2013-01-01  29.411441748105855
2014-01-01  29.067400275103160
2015-01-01  28.494535964769206
2016-01-01  27.795114602388892
2017-01-01  26.362187997875730
2018-01-01  26.780702218927075
2019-01-01  25.947705554972174
2020-01-01  26.436058700209642
2021-01-01  25.806632624431852
2022-01-01  26.790943906285197