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Appendix E: Affordability and Displacement Everett Housing Action Plan E-3 Figure 1. Change in Housing Costs and Income, 2010–2020. Sources: US American Community Survey, 1-year estimates, 2010–2019; US Dept. of Housing and Urban Development CHAS, 2017 5-Year Estimates; Zillow, 2021; CoStar, 2021. Overall Housing Cost Burden The cost burdens that households face in accessing appropriate housing are also an important consideration beyond the general price movements in the market. Figures 2 and 3 provide estimates on the housing costs burdens for Everett households, based on the US HUD CHAS dataset for 2013– 2017. Note that Figure 2 provides household counts while Figure 3 presents percentages of renters and owners that are cost burdened (paying more than 30% of their gross income on rent) or severely cost burdened (paying more than 50%). These graphs highlight some of the differences between cost burdens and housing insecurity between owners and renters in Everett. For owners, only about 27% are cost burdened and pay over 30% of their income on housing costs, while 11% are severely cost-burdened and pay over 50%. Given that owners only make up 44% of the total households in the community, this means that housing cost burdens are less on owners in the community. This is due in part to tightened lending standards, but higher cost burdens can still result from changes in household income, as well as increases in costs due to higher utility rates, property taxes, and required maintenance. This may be exacerbated for households that own their own homes but are on a fixed income, such as seniors. For renters, however, there are significantly housing cost burdens, both with respect to the percentage of renters and with the total number of households. Just under half of all Everett households are cost