‘Worrying Trend’: Number of Housing Cost-Burdened Seniors At All-Time High

Nearly 11.2 million older adults in the U.S. are spending more than 30 percent of their household income on housing.

2 minute read

February 7, 2024, 7:00 AM PST

By Mary Hammon @marykhammon


Older black woman writes on document with a pen.

Charlize D/peopleimages.com / Adobe Stock

According to a recent report from the Harvard Joint Center for Housing Studies, nearly 11.2 million U.S. adults aged 65 and older spent more than 30 percent of their household income on housing costs. The figure is up from 9.7 million in 2016 and 8.8 million in 2011 and represents an all-time high. It’s a trend Peter Lawrence, director of public policy and government relations at Novogradac, calls “worrying” in a recent post on the national professional services organization’s blog.

Rising housing costs put seniors, many of whom live on fixed incomes, at greater risk of homelessness and make it more difficult for them to afford healthcare and food. Between the fact that the number of households headed by someone in their eighties set to double to around 17 million by 2040 and the reality that current federal housing assistance programs only support 37 percent eligible households, it’s little wonder that Lawrence and other housing and aging experts are concerned and calling for action.

The blog post discusses proposed solutions, particularly those that combine housing and healthcare, like Programs for All Inclusive Care for the Elderly (PACE) and the California Advancing and Innovating in Medi-Cal (CalAIM) program.

“Programs such as PACE and CalAIM that work to combine health and housing services serve as a model to make housing for older adults more affordable and appropriate,” Lawrence writes.

Monday, January 15, 2024 in Novogradac

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Use Code 25for25 at checkout for 25% off an annual plan!

Redlining map of Oakland and Berkeley.

Rethinking Redlining

For decades we have blamed 100-year-old maps for the patterns of spatial racial inequity that persist in American cities today. An esteemed researcher says: we’ve got it all wrong.

May 15, 2025 - Alan Mallach

Interior of Place Versailles mall in Montreal, Canada.

Montreal Mall to Become 6,000 Housing Units

Place Versailles will be transformed into a mixed-use complex over the next 25 years.

May 22, 2025 - CBC

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

May 21, 2025 - Diana Ionescu

Orange Los Angeles Metro bus passing on blurred street at night.

LA ‘Mobility Wallet’ Increased Quality of Life for Participants

The city distributed a monthly $150 transportation subsidy to 1,000 low-income Angelenos. It dramatically improved their lives.

1 hour ago - KTLA

White Shinkansen high-speed rail train passing on bridge over pond in Japan.

Texas, California Rail Projects Seek Out Private Funding

In the wake of Trump’s cuts to high-speed rail projects, rail authorities are looking to private-public partnerships to supplement their budgets.

3 hours ago - Smart Cities Dive

Aerial view of rural community of Kuttawa, Kentucky

Addressing Rural Homelessness in Kentucky

A Kentucky Lantern series focuses on the challenges unhoused Kentuckians face and efforts to provide support and assistance.

5 hours ago - WEKU