Average Percent of Total Budget Spent on Housing by Age Group, United States - 2015
55-64 Years | 65-74 Years | 75 Years or Older | |
---|---|---|---|
Owner with a Mortgage | 39.9% | 28.7% | 11.6% |
Owner without Mortgage | 34.9% | 51.0% | 65.8% |
Renter | 25.1% | 20.3% | 22.6% |
Source: Social Security Administration. Expenditures of the Aged Chartbook, 2015.