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

  • esc27@lemmy.world
    2·
    6 months ago

    Interesting. So two of the yellow counties in Alabama are home to the states two largest public universities. The third is the fastest growing area in the state and home to the state’s best beaches.

    The blue one is lowndes county and was one of two mentioned a while back in that UN poverty report about open sewers, disease, and poor sanitation.