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

  • AwkwardLookMonkeyPuppet@lemmy.worldEnglish
    2·
    6 months ago

    They definitely got the fuckin Seattle area wrong. You can’t get a house on the east side for less than three quarters of a million dollars, and that’s for a 800 sq ft, run down, 1960’s two bedroom. Seattle proper isn’t much better in the worst areas, and is considerably more in the good ones.