100

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

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[-] Anticorp@lemmy.world 2 points 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.

this post was submitted on 28 Apr 2024
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