The number of Americans who have trouble paying for their home is a new low, according to a new survey.
About one in three Americans said they have trouble getting enough money to buy the necessities, such as gas, groceries, or clothing.
The report released Tuesday by the National Association of Home Builders also found that the cost of renting is more than double what it was four years ago, when the median price of a studio apartment in the U.S. was $1.8 million.
The National Association for Home Builder, or NAHBER, surveyed nearly 4,500 people ages 18 and older who had bought their home in the past year.
The median income in 2017 was $59,872, the study found.
About half of the respondents had incomes above $70,000.
About 5 percent said they had trouble paying the mortgage.
About 7 percent said their credit was too good to be considered good.
The rest of the survey respondents said they could not afford to pay the mortgage, which can be as much as $200,000 in some states.
The median income of people who live in single-family homes was $51,723, the survey found.
The number was up from the $50,082 median in 2016, and the NAHber found that only 15 percent of people with incomes of less than $35,000 a year were able to pay it off.
The average amount of mortgage debt in 2017 is $1,600, which NAHER said is nearly the same as the average amount in 2016.
About 38 percent of households reported having at least $10,000 of outstanding mortgage debt, which includes the principal amount of the loan and the interest.
The survey found that about 37 percent of borrowers were unable to make payments because of medical conditions or personal circumstances.
About 14 percent of homeowners were in the worst financial shape in 2017.
About 40 percent of respondents had debt of at least five years’ duration.
About 28 percent had debt exceeding $10 and nearly 22 percent had a debt of more than $10.