ARTICLE
SmartAsset looked at Census Bureau data to find the cities where the highest and lowest proportion of residents were spending 50% or more of their income on housing costs. Their study examined housing costs as a percentage of income in 167 cities. They added the number of households spending 50% or more of their income on housing costs (renters and owners) across eight income brackets. Cary ranks No. 4 for Least Cost Burdened Households in the Country. Read about it here>.