Home Ownership and Income (15.3.2)
Among clients with a place to live, there is a positive association between income and home ownership (Table 15.3.2).
Table 15.3.2
HOME OWNERSHIP AND INCOME IN 2004
Income in 2004 as Percentage of Federal Poverty Level |
All Clients with a Place to Live |
Clients Who Own a Place |
Clients Who Rent a Place |
Clients Who Live with Someone |
Other |
|---|---|---|---|---|---|
0% (no income) |
5.2% |
2.0% |
4.6% |
20.6% |
14.8% |
1%-50% |
26.5% |
16.6% |
29.0% |
36.9% |
32.8% |
51%-75% |
24.3% |
24.1% |
25.4% |
15.3% |
17.1% |
76%-100% |
17.0% |
19.0% |
17.1% |
9.0% |
16.5% |
101%-130% |
11.8% |
16.6% |
10.6% |
6.6% |
8.9% |
SUBTOTAL |
84.8% |
78.2% |
86.7% |
88.4% |
90.1% |
|
|
|
|
|
|
131%-150% |
4.9% |
6.7% |
4.4% |
3.9% |
1.4% |
151%-185% |
3.9% |
5.6% |
3.3% |
4.1% |
3.5% |
186% or higher |
6.4% |
9.5% |
5.6% |
3.6% |
5.0% |
SUBTOTAL |
15.2% |
21.8% |
13.3% |
11.6% |
9.9% |
TOTAL |
100.0% |
100.0% |
100.0% |
100.0% |
100.0% |
SAMPLE SIZE (N) |
40,605 |
11,590 |
25,686 |
2,216 |
1,113 |
Notes:
In calculating percentages and sample sizes, we excluded item nonresponses to all variables involved.
Statistically significant based on chi-square test (d.f. = 21) at the 1% level.
Among the findings illustrated by the table are:
- 2.0% of the clients who own a place to live, 4.6% of the clients who rent, and 20.6% of the clients who live with someone else for free had no income in 2004.
- 78.2% of the clients who own a place to live, 86.7% of the clients who rent, and 88.4% of the clients who live with someone else for free had either no income or an income at or below 130% of the federal poverty level.
- On the other hand, 21.8% of the clients who own a place to live, 13.3% of the clients who rent, and 11.6% of the clients who live with someone else for free had an income over 130% of the federal poverty level.