By Derek Gomes – Staff Writer
PORTSMOUTH – More than one-third of households in Portsmouth in recent years were considered cost-burdened, and that figure was nearly double for low- and moderate-income households.
The housing data from the federal Housing and Urban Development, for 2009 through 2013, is featured in the town’s draft housing element being scrutinized as part of the update to the comprehensive plan.
The figures paint a rather leak picture about how much families and individuals devote to housing.
Of the 7,085 households in Portsmouth during the time of the study, 35 percent, or 2,490, were cost-burdened. Sixty-four percent of low- and moderate-income households were similarly cost-burdened.
Read more >