1.3 million Californians are late on their rent, Census says
178,000 of those slow-paying renters — 14% — say it’s very likely they’ll leave the rental due to a pending eviction.
Rent payments are being skipped by 1.3 million Californians, according to new Census Bureau data.
That means 13% of the state’s rental population wasn’t caught up with their landlord during the June 1 to June 13 period of the Census survey.
Nationally, 8.4 million Americans who were struggling to pay their monthly rents during the June 1 to June 13 period of the Census survey. The share was markedly higher for Black Americans — almost a quarter are behind — and for people age 40 to 54, an age when many are at their earnings peak.
The Census added new questions about rents to its household survey this month, just in time to catch the peak season of lease renewals. There are roughly 60 million households who live in rentals, including many on annual leases who haven’t felt the impact from soaring rental prices this past year.
In California, 178,000 of those slow-paying renters — 14% — say it’s very likely they’ll leave the rental in the next two months due to a pending eviction. Nationally, 1.15 million or 14% face a high likelihood of forced departures.
Over the last 12 months, rent increased by at least $250 per month for nearly 1 million Californians, or 10% of all tenants— according to the survey. Nationally, 6.7 million had $250-plus rent bumps — 11% of all tenants.
Source: Mercury News