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Housing is affordable when it
comprises no more than 30% of the
family’s budget

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81 families in Carteret
County faced a
foreclosure this year this is around 1.8% of all cost-burdened homeowners.

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390 Families in carteret County faced an eviction
filing this year that is around 11.8% of all cost-burdened renters.

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Homeowners earning less than 50% AMI spend $193 or 11.7% of household income on energy costs

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Renters earning less than 50% AMI spend $138 or 8.8% of their household income on energy costs.

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Area Median Income (AMI)
for Carteret County is $68,800

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in order to live here you need to earn a base of $34,280/year

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But the average renter can only afford $517/month

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A modest 2 bedroom apartment goes for about $875/month.

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21% of homeowners have trouble affording their homes. Around 4,429 households

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40% of renters have trouble affording their homes which is around 3,302 households

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26% of carteret county are cost burdened, this is about 7,731 households.

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the average family spends $193 or 3.7% of their monthly income on energy costs.