November 13, 2013 | Number of The Day
Rate of NJ veterans who spend more than 30 percent of income on housing

Of the 307,000 veteran households in New Jersey, 36 percent have a housing-cost burden, meaning that they spend more than 30 percent of their income on housing. If that weren’t bad enough, 15 percent of New Jersey veterans are classified as “severely cost burdened” because their housing costs make up more than 50 percent of their income. This is according to a new report by the National Low Income Housing Coalition

The problem is particularly acute for low-income veteran families headed by someone who is disabled or by racial minorities or by women. In the Garden State, 17 percent of veteran households are headed by minorities and four percent by women, according to the report.