Connecticut homeowners are not as cost-burdened as in the past, according to a new report from The CT Mirror.
Citing data from the U.S. Census Bureau’s American Communities Survey, the site states that “homeowners with a mortgage have seen their median housing costs decrease from $2,306 to $2,065, while renters have seen a slight increase, from $1,114 to $1,123,” when comparing five-year periods that ended in 2017 and 2012, respectively.
In the period from 2012 to 2017, nearly 33 percent of homeowners with mortgages were spending more than 30 percent of their income on housing, as compared to over 40 percent during the period from 2007 to 2012.





