1 in 4 renters uses half their income on utilities - KWWL - Eastern Iowa Breaking News, Weather, Closings

1 in 4 renters uses half their income on utilities

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(NBC) -

More American renters are being faced with daily financial dilemmas about paying the rent or buying groceries.

More than one in four Americans renting their home have to use at least half of their family income to pay for housing utilities. 

That's according to an analysis of census data by Enterprise Community Partners, a nonprofit that helps finance affordable housing.

The number of such households has jumped 26 percent since 2007 to more than 11 million.

According to data from the real estate firm Zillow and the U.S. Labor Department, rental prices have surged at nearly twice the page of average hourly wages since the end of 2010. 

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