This shows county median home values divided by county median household income, both for 2023.

For example a score of “5” means the median home price in that county is 5 times the median household income in that county.

Generally, a score under 4 is considered affordable, 4-6 is pushing it, and over 6 is unaffordable for the median income.

There are of course other factors to consider such as property tax, down payment amount, assistance programs, etc. Property tax often varies at the city/township level so is impossible to accurately show.

Median Household Income Data is from US Census Bureau.

Median Home Value from National Association of Realtors, and Zillow/Redfin .

Home Values Data Link with map (missing data pulled from Zillow/Redfin/Realtor)

https://www.nar.realtor/research-and-statistics/housing-statistics/county-median-home-prices-and-monthly-mortgage-payment

Source: https://ghostarchive.org/archive/YaavC

  • Got_Bent@lemmy.world
    6·
    6 months ago

    I was fortunate enough to find a completely rebuilt house in Dallas for just over 2X my income.

    However, it’s small size (roughly one third of your standard mcmansion) and location in an older neighborhood devoid of a militant HOA doesn’t exactly make it a chick magnet.

    I suppose at this point in life, that’s a plus. I’m perfectly comfortable here and don’t need the hassle of any cohabitants or invasive HOA board members testing the DNA of my grass to ensure that it’s a compliant species.

    It took me twelve years of renting in a rat infested shithole with no heat to recover from losing the first house that was a mcmansion in a militant HOA.

    I think I’m one of the lucky ones.