Average Family Spends 60% of Income on Housing and Transportation
This is an amazing statistic. The average family in the United States spends 60% of their income on housing and transportation according to HUD. That is an amazing number.
The average working American family spends nearly 60 percent of its budget on housing and transportation costs, making these two areas the largest expenses for American families. Donovan and LaHood want to seek ways to cut these costs by focusing their efforts on creating affordable, sustainable communities. via HUD.gov
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