‘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

Young Professional

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 and Environmental 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 and Environmental Planner

Get top-rated, practical training for planners

Overlapping highways

The state-sanctioned urbicide of Austin

People don’t kill cities. Freeways do.

September 8, 2026 - Benjamin Schneider

The Hoover Dam blocking the Colorado River. The river's water level is noticeably low. The cliffs surrounding the blue water are brown and jagged.

US to reduce Colorado River water deliveries to Mexico

A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.

September 11, 2026 - The Arizona Republic

Skyscrapers in Jersey City.

New Jersey’s second-largest city bans standalone data centers

Jersey City will continue to allow co-location facilities, such as those meant for research institutions that store their own data.

September 4, 2026 - The Cool Down

A New Jersey train approaches people waiting at the station.

Amtrak not solely to blame for New Jersey commuter rail's unreliability, report finds

A new study from the Garden State Initiative found that NJ Transit’s budget grew 20% across a 4 year period, but reliability declined significantly over the same period.

September 15 - Mass Transit

A tall, gray power plant billows smoke into a blue sky.

EPA erases limits on planet-warming pollution from power plants

Under Monday’s plan, power plants would still have some limits on how much mercury, arsenic and other contaminants they can emit.

September 15 - New York Times

A white RAPID bus. The lower half is light blue, and says RAPID in purple text. The bus is half visible, appearing from the left side of the image.

Phoenix announces new on-demand transit service, more frequent RAPID buses

Both new services will launch in October, and are part of Phoenix's Project Effective Access Solutions for Easing Congestion.

September 15 - KJZZ

FREE Course: Walkable City 1: Why Walkability?

After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.

Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold

The course focuses on the opportunities and imperatives that shape reinvention of mall sites.