How many renters in Honaker, VA pay more than 30% of their income on rent?

73.0% (±32.7 points) of renting households in Honaker, VA spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

64.3% spend 35% or more.

The median renting household spends 39.6% of its income on rent.

Figures last updated on .

Paying 30% or more
73.0% (±32.7 points)
Paying 35% or more
64.3% (±28.3 points)
Median share of income
39.6% (±27.8 points)

Rent as a share of income in Honaker

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentHonakerRussell CountyVirginiaUnited States
Less than 15%14.8% (±20.4 points)30.9%13.1%12.6%
15% to 19.9%9.6% (±15.4 points)8.8%13.1%12.2%
20% to 24.9%0.0% (±28.6 points)9.8%12.9%12.6%
25% to 29.9%2.6% (±4.3 points)13.8%12.4%11.5%
30% to 34.9%8.7% (±16.3 points)7.9%9.1%9.2%
35% or more64.3% (±28.3 points)28.8%39.4%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Honaker against Russell County, its state and the nation

Estimate (90% margin of error)
HonakerRussell CountyVirginiaUnited States
Paying 30% or more73.0% (±32.7 points)36.7% (±8.3 points)48.5% (±0.5 points)51.1%
Paying 35% or more64.3% (±28.3 points)28.8% (±7.0 points)39.4% (±0.4 points)41.9%
Median share of income39.6% (±27.8 points)25.2% (±3.1 points)29.4% (±0.2 points)30.6%
Median renter household income$20,588 (±$10,488)$32,594 (±$6,819)$60,343 (±$529)$52,966
Median gross rent$548 (±$232)$653 (±$50)$1,579 (±$8)$1,413

In Honaker, the share of renters paying 30% or more of income is higher than in Russell County (36.7%).

It is not measurably different from Virginia (48.5%).

It is not measurably different from the national figure (51.1%).

In Russell County, Honaker ranks 2 of 4 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 31 of 459.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Honaker

Nearest places with a published estimate, compared with Honaker
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Honaker—73.0% (±32.7 points)—
Raven8.1 mi43.5% (±41.5 points)Not measurably different
Richlands10 mi54.5% (±16.5 points)Not measurably different
Lebanon10 mi32.0% (±13.4 points)Lower
Cleveland11 mi78.1% (±42.9 points)Not measurably different
Cedar Bluff12 mi63.2% (±27.5 points)Not measurably different
Claypool Hill13 mi0.0% (±88.0 points)Not measurably different
Saltville15 mi46.0% (±23.5 points)Not measurably different
Emory18 mi0.0% (±109.6 points)Not measurably different

Nearby places with a measurably lower figure: Lebanon, VA (32.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Russell County, place by place

RankPlaceRenters paying 30% or more of income
1Cleveland78.1% (±42.9 points)
2Honaker73.0% (±32.7 points)
3Castlewood49.4% (±46.2 points)
4Lebanon32.0% (±13.4 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Honaker

Are renters in Honaker rent-burdened?

73.0% of renting households in Honaker pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Honaker spend on rent?

The median renting household in Honaker, VA spends 39.6% (±27.8 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Honaker town, Virginia (place:38280, in state:51).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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