NAR's Housing Affordability Index measures household buying power based on the relationship
between median family income, median home price and average mortgage interest rate.
Not exact matches
The report compares several projects by the de Blasio administration to the Aspen, an early Bloomberg - era development and venture
between Ms. Glen and L&M that included half market - rate apartments, and half that were affordable units at either 50 or 130 percent of the city's so - called area
median income (currently about $ 86,000 for a
family of three).
Of the 77,651 units financed by the administration so far, 11,505 were for
families of three making less than $ 25,770 a year, or 30 percent on the area
median income (AMI), and another 13,277 were for
families making
between $ 25,771 - $ 42,950 (31 - 50 percent AMI).
We also conducted a more sophisticated analysis that measures the relationship
between a
family's demographic characteristics (such as eligibility for free - or reduced - price lunch,
median household
income of the student's residential neighborhood, race, and student prior achievement level), a school's poverty level, and the likelihood that the parent makes a request.
But his study found only a partial correlation
between a district's
median family income and per - pupil expenditures.
Studies in other States have also questioned the existence of any dependable correlation
between a district's wealth measured in terms of assessable property and the collective wealth of
families residing in the district measured in terms of
median family income.
Between 2012 and 2014, the revenues of Seattle's PTAs increased from approximately $ 340 to $ 370 per student, remaining relatively steady at around 0.35 percent of
median household
income for
families with children.
It's worth noting there is a more than $ 100,000 gap
between the average and
median household
incomes ($ 193,879 vs $ 82,722, respectively), suggesting a small number of
families account for a large part of the wealth.
According to a study by the Center for American Progress, health care costs for
median -
income families rose by $ 9,000
between 2002 and 2012, which has had a serious impact on middle - class
families» budgets.
Recent research conducted in mainland China found that obesity prevalence was higher among children in wealthier
families, 4 but the patterns were different in Hong Kong with higher rates of childhood obesity among lower
income families.4 5 Hong Kong, despite having a per capita gross domestic product of Hong Kong dollar (HK$) 273 550, has large
income differences
between rich and poor as reflected by a high Gini coefficient of 0.539 reported in 2016; approximately 20 % of the population are living in poverty as defined by a monthly household
income below half of the Hong Kong
median.6 It is widely accepted that population health tend to be worse in societies with greater
income inequalities, and hence low -
income families in these societies are particularly at risk of health problems.7 In our previous study, children from Hong Kong Chinese low -
income families experienced poorer health and more behavioural problems than other children in the population at similar age.8 Adults from these
families also reported poorer health - related quality of life (HRQOL), 9 with 6.1 % of the parents having a known history of mental illness and 18.2 % of them reporting elevated level of stress.
Median annual
family income was
between $ 15,000 and $ 20,000.
NAHB's index showed that 64.5 percent of new and existing homes sold
between the beginning of July and end of September were affordable to
families earning the nationwide
median income of $ 64,400.
NAR reviewed data on homeownership rates1, changes in single -
family median home prices and a measure of inequality (the Gini Index)
between 2010 and 2013 to estimate wealth and
income inequality in 100 of the largest metropolitan statistical areas2 across the U.S.
In 2013, the national
median inflation - adjusted
family net worth — the difference
between families» gross assets and their liabilities — increased only in the upper — middle
income tiers of households (the top 40 percentile of
income) compared to 2010.
Between the beginning of April and the end of June, 59 percent of new and existing homes were affordable to
families earning the U.S.
median income of $ 68,000.
In all, 74.9 percent of homes sold
between the beginning of October and end of December were affordable to
families earning the U.S.
median income of $ 65,000.
The index measures the relationship
between median home price,
median family income and mortgage interest rates; the higher the index, the greater household purchasing power.
Sixty - two percent of new and existing homes sold
between the beginning of April and the end of June were affordable to
families earning the U.S.
median income of $ 65,700, the index showed.
In all, 58.3 % of new and existing homes sold
between the beginning of July and end of September were affordable to
families earning the U.S.
median income of $ 68,000.
In all, 64.5 percent of new and existing homes sold
between the beginning of July and end of September were affordable to
families earning the U.S.
median income of $ 64,400.
In all, 65.5 percent of new and existing homes sold
between the beginning of January and end of March were affordable to
families earning the U.S.
median income of $ 63,900.
NAR's national Housing Affordability Index stood at 198.2 in November, based on the relationship
between median home price,
median family income and average mortgage interest rate.