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

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 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 ...

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 ...

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 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 ...

“Household income” is based on American Community Survey data and Zillow estimates. Not adjusted for inflation. Home prices, already high, soared during the pandemic, rising more than 40 ...

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 ...