Strain on budget for better neighborhood vs. living within budget U.S. 2017 by income

Published by Statista Research Department, Dec 19, 2022

This statistic shows the likelihood of homeowners paying more for better neighborhood vs. living comfortably within budget in the United States in 2017, by income. During the survey, 46 percent of respondents with incomes under 60,000 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 income level

Characteristic	Strain on your budget	Comfortably in budget
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Release date

July 2017

More information

Region

United States

Survey time period

May 8 to 17, 2017

Number of respondents

1,501 respondents

Age group

18 years and older

Method of interview

Telephone interview

Supplementary notes

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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