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Housing Cost <br />The 30% income threshold is especially critical for very low and low <br />income households to cover basic, non -discretionary needs <br />• Such households paying over 30% of their income for housing costs <br />are considered cost burdened <br />e Households paying over 50% of their income are considered severely <br />cost burdened <br />For households. with higher income, the 30% threshold is. not as <br />critical since such households have discretionary income that can be <br />directed toward housing if 'so desired. by that high income household <br />60 <br />