This statistic shows the likelihood of homeowners paying more for better neighborhood vs. living comfortably within budget in the United States in 2017, by rent/mortgage. During the survey, 35 percent of respondents with rent/mortgage over 1,000 U.S. dollars said that they would prefer to stay comfortably within the budget by choosing to live in a neighborhood with lower quality schools and further from good job opportunities.
Likelihood of homeowners paying more for better neighborhood vs. living comfortably within budget in the United States in 2017, by rent/mortgage level
Characteristic
Strain on your budget
Comfortably in budget
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This question was phrased by the source as follows: "and which of the following communities would you choose to live in if you had to make a choice:
Comfortably In Budget
[Would choose to live] in a neighborhood that has lower quality schools and is further from good job opportunities but where the housing prices are comfortably within your budget.
Strain On Your Budget
[Would choose to live] in a neighborhood that has high quality schools and is close to good job opportunities but where the housing prices are a strain on your budget."
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National Association of Realtors. (July 12, 2017). Likelihood of homeowners paying more for better neighborhood vs. living comfortably within budget in the United States in 2017, by rent/mortgage level [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/726080/strain-on-budget-for-better-neighborhood-vs-living-comfortably-in-budget-usa-by-rent-mortgage/
National Association of Realtors. "Likelihood of homeowners paying more for better neighborhood vs. living comfortably within budget in the United States in 2017, by rent/mortgage level." Chart. July 12, 2017. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/726080/strain-on-budget-for-better-neighborhood-vs-living-comfortably-in-budget-usa-by-rent-mortgage/
National Association of Realtors. (2017). Likelihood of homeowners paying more for better neighborhood vs. living comfortably within budget in the United States in 2017, by rent/mortgage level. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/726080/strain-on-budget-for-better-neighborhood-vs-living-comfortably-in-budget-usa-by-rent-mortgage/
National Association of Realtors. "Likelihood of Homeowners Paying More for Better Neighborhood Vs. Living Comfortably within Budget in The United States in 2017, by Rent/Mortgage Level." Statista, Statista Inc., 12 Jul 2017, https://www.statista.com/statistics/726080/strain-on-budget-for-better-neighborhood-vs-living-comfortably-in-budget-usa-by-rent-mortgage/
National Association of Realtors, Likelihood of homeowners paying more for better neighborhood vs. living comfortably within budget in the United States in 2017, by rent/mortgage level Statista, https://www.statista.com/statistics/726080/strain-on-budget-for-better-neighborhood-vs-living-comfortably-in-budget-usa-by-rent-mortgage/ (last visited July 22, 2024)
Likelihood of homeowners paying more for better neighborhood vs. living comfortably within budget in the United States in 2017, by rent/mortgage level [Graph], National Association of Realtors, July 12, 2017. [Online]. Available: https://www.statista.com/statistics/726080/strain-on-budget-for-better-neighborhood-vs-living-comfortably-in-budget-usa-by-rent-mortgage/
