Homeownership - Housing Needs Assessment (FY24) | Ohio …

The gap in homeownership between white and Black Ohioans has been widening steadily for over a decade to 37 percentage points by 2021—eight points larger than the national gap (29). …

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66%
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How Ohio Compares (FY24) - Housing Needs Assessment | Ohio …

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Section Highlights. In 2022 Ohio had by far the lowest homeownership rate among neighboring states (66%), but on par with the national rate. Ohio also had the lowest Black homeownership …

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25%
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Rental Housing (FY24) - Housing Needs Assessment | Ohio …

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The prevalence of severe rent burden is also on the rise. In 2021, 25% of Ohio renters were spending at least half their income on housing—up from a record low of 23% in 2019—putting …

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9%
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Housing Stock - Housing Needs Assessment (FY24) | Ohio …

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Since 2020 Ohio's housing stock has grown by 0.9%, less than half the national growth rate (+2.1%). Over this period, Central Ohio has experienced the most housing growth (+2.4%), …

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8%
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Housing Insecurity (FY24) - Housing Needs Assessment | Ohio …

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Over 1 million Ohioans (8.8%) live in a household that spends at least half its income on housing, which puts them at risk of foreclosure or evictions. This includes 325,722 people living in …

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$65000
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Income And Labor - Housing Needs Assessment (FY24) | Ohio …

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Adjusted for inflation, household incomes are declining. After a period of improvement from 2011 to 2019, when it peaked at nearly $65,000 per year, the median household income in Ohio has …

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27%
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Utilities & Transportation (FY24) - Housing Needs Assessment

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A typical Ohio household spends $13,781 per year on transportation costs, mostly from car ownership. On average, Ohio households spend 27% of income on transportation, slightly …

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67%
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Executive Summary | 2019 Housing Needs Assessment - Ohio Home

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The FY2020 Housing Needs Assessment uses a wide range of state data to identify the scale and scope of the state's housing challenges. ... (67%) own their homes, which is above the …

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FAQs about Homeownership - Housing Needs Assessment (FY24) | Ohio … Coupon?

What is the Ohio housing needs assessment?

Having safe, quality, and consistent housing improves the chances of survival. For a more in depth look at the data please visit the Ohio Housing Needs Assessment website. The FY2024 Housing Needs Assessment evaluates Ohio's current housing landscape to gauge needs, identify gaps and highlight key trends. ...

What is an OHFA assessment?

As part of OHFA's annual planning process, the assessment plays a critical role in providing baseline information that the Agency uses to determine its strategic priorities. The following executive summary highlights the key trends related to affordable and accessible housing throughout Ohio. ...

What trends are occurring in Ohio relating to affordable and accessible housing?

The following executive summary highlights the key trends occurring within Ohio related to affordable and accessible housing. The full Housing Needs Assessment is available online. Housing cost burden: spending at least 30% of income on housing-related costs. Severe cost burden: spending at least 50% of income on housing-related costs. ...

What is the housing needs assessment?

The full Housing Needs Assessment is available online. Housing cost burden: spending at least 30% of income on housing-related costs. Severe cost burden: spending at least 50% of income on housing-related costs. Homeownership rates and home values continue to increase. ...

How does housing insecurity affect evictions & foreclosures in Ohio?

With foreclosures and eviction filings on the rise again, housing insecurity continues to increase, which puts additional stress on the rental market and homelessness services. Over 1 million Ohioans (8.8%) live in a household that spends at least half its income on housing, which puts them at risk of foreclosures or evictions. ...