But English is one of the worldâs most widespread languages: mother-tongue speakers are recorded in 101 different countries and territories worldwide, 94 of which class it as an official language.
US Median Annual Rent as a Fraction of Median Household Income. US renters paid 20.89% of median household income towards the median monthly gross rent in 2014. This is the highest fraction of median household income going to rent since the series originated in 2005.
What the Term Means. At the highest level, gross rental income is simply the amount you collected in rent and any related funds from your rental properties. The is the amount you received before deducting any expenses like insurance, maintenance, taxes, homeowner association fees and advertising costs. If you rent a room in your home, for example, gross rental income is the amount you receive in rent each month. If you rent several units, by contrast, gross rental income is the sum of all the rent payments and related income you received. Other Income Sources Though gross rental income primarily includes money you collect in rent, other revenues may comprise a portion of the final figure.