Population and Household Demographics
Costilla County is a County in Colorado with a population of 3,581. There are 1,457 households in the county with an average household size of 2.46 persons. 24.02% of households in Costilla County are renters.
Income and Rent Overburden in Costilla County
Households who pay more than thirty percent of their gross income are considered to be Rent overburdened. In Costilla County, a household making less than $1,673 a month would be considered overburdened when renting an apartment at or above the median rent. In Costilla County, 42.57% of households who rent are overburdened.
Area Median Income In Costilla County
Affordable housing program eligibility is always determined by one’s income. Each household’s income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
Rental Assistance in Costilla County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities.