This chart compares the median household income in the United States to the median price of new houses sold in the country.

Our Chart of the Day is a gauge of housing ... which takes into account median home prices, household income, and current mortgage rates. In August, it hit 91.7. The affordability decline exceeds ...

The dynamic is reflected in the chart below ... that have seen some of the biggest price increases over time, most notably food and housing. "Lower-income households spend more of their money ...

At first glance, these concerns seem reasonable: home prices ... chart below shows that the demographics spending higher than average proportions of their incomes on housing include low income ...

The gap between income and home price is particularly pronounced in the West. In the San Francisco Bay Area county of Alameda, which includes the cities of Oakland and Alameda, the gap between ...

Other parts of California, many areas in Florida and the New York City metropolitan area had home prices at least five times the median household income. Some parts of New England, including the ...

How far home prices need to fall Housing affordability is typically measured by looking at how much of a household's income is consumed by housing costs, such as rents or mortgage payments.

If you want to buy a typical home in 2025, your household income has to be about $117,000 ... “It’s a combination of high prices and high mortgage rates.” With higher home prices come ...

The Mile High City continues to attract newcomers at a steep price. Homebuyers need approximately $130,000 in annual income to afford Denver’s median home price, putting homeownership out of ...

Researchers based their ranking on median home price and median household income data from 2022. Using a metric in the housing sector known as the price-to-income ratio, researchers divided the ...

RELATED: Can you afford to buy a house? Try this income and home price calculator. The issue has come to a head as 40 years of lagging construction productivity growth has run headlong into a ...