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<br /> Page 24 <br />Everett 2044 Housing Element Appendix <br />Category 2: Sensitfve informatfon <br />Hispanic or Latfno and American Indian/Alaska Natfve households stand out most sharply: their <br />combined moderate and severe cost-burden rates are more than ten percentage points above the city- <br />wide rate of 38 percent, meetfng HUD’s definitfon of disproportfonately greater need. Black households, <br />at nine points above average, also face markedly higher burden. In contrast, Asian households remain <br />closest to the city average, suggestfng comparatfvely fewer housing cost challenges. <br />Overall cost-burden certainly affects all Everett households, but it is instructfve to look at owner- <br />occupants on their own. Owner-occupied households tend to have more stable tenure and access to <br />equity, and on average only about one in four owners spends more than 30 percent of their income on <br />housing. Yet that average masks significant variatfon: Black owner households and Hispanic or Latfno <br />owner households both exceed the owner-average burden rate by more than ten points, while Asian and <br />White owners fall below it. Chart 2 breaks out these differences, showing the percent of owner-occupied <br />households in each racial or ethnic group that are cost-burdened. <br /> <br /> <br />Source: US Housing and Urban Development, 2017-2021 Comprehensive Housing Affordability Strategy (CHAS) (Table 9) <br />Increasing homeownership contfnues to be a priority for the Everett community. The historic impacts of <br />racial discriminatfon disproportfonately impact minority communitfes who were blocked from <br />developing the intergeneratfonal wealth of property and home ownership in the past. The long-term <br />impacts of these mid-century policies echo through today’s data. <br />Chart 2 examines cost burden among owner-occupied households alone, using the same HUD CHAS data <br />for 2017–2021 (Table 9). Owner households overall have a 25 percent cost-burden rate (5,524 of 22,096). <br />However, this average conceals wide variatfon: <br />86% <br />75% <br />0% <br />59% <br />66% <br />71% <br />89% <br />14% <br />17% <br />0% <br />33% <br />12% <br />21% <br />9% <br />0% <br />8% <br />0% <br />9% <br />22% <br />6% <br />0% <br />0%10%20%30%40%50%60%70%80%90%100% <br />Other (including multiple races, non-Hispanic) <br />White alone, non-Hispanic <br />Pacific Islander alone, non-Hispanic <br />Hispanic, any race <br />Black or African-American alone, non-Hispanic <br />Asian alone, non-Hispanic <br />American Indian or Alaska Native alone, non-Hispanic <br />Chart 2: Percent Owner Households Experiencing Housing Cost Burden <br />by Racial Ethnic Group, 5-Year Average (2017-2021) <br />Not Cost-Burdened (≤30%)Cost-Burdened (>30% but ≤50%)Severely Cost-Burdened (>50%)