Sentences with phrase «median family income4»

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.

The median price of a home is $ 110,000, while the median family income is about $ 63,000.

Consider again this same «typical family of four,» but this time assign them a median family income of $ 73,000 rather than the median household income of $ 59,000 as per the example put forward by the House Ways and Means Committee.

Home prices are reasonable for the $ 73,747 median family income and let's face it, nobody does BBQ better than Texas.

Here are the top 10 cities with the highest median family incomes, according to the survey.

«Although interest rates have fallen in recent months, median family incomes are still lagging behind price gains, and mortgage rates will inevitably rise with the upcoming changes in monetary policy,» he said.

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.

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.

The national median family income was $ 61,000 in the second quarter.

The most affordable major housing market in this year's second quarter was Youngstown - Warren - Boardman, Ohio - Pa., where 93.4 percent of homes sold during the period were affordable to households earning the area's median family income of $ 55,700.

Housing Affordability Index (HAI) The Housing Affordability Index (computed by Axiometrics) is a measure of whether a family in an MSA earning the median family income can qualify for a mortgage loan on a median - priced, existing single - family home.

HUD Median Income Median family income for a particular county or metropolitan statistical area (MSA), as estimated by the Department of Housing and Urban Development (HUD).

This is because the median value is now eight times higher than the median family income.

All of this is applied to a median family income of about $ 51,000 annually — before taxes.

The purpose of this loan program is to enable eligible low - and moderate - income (up to 115 percent of the Area Median Family Income) rural residents to acquire modestly priced housing for their own use as a primary residence.

The average home mortgage neared $ 250,000 last year, according to the National Association of REALTORS ®, which came with a monthly principal and interest payment of $ 973, or about one - sixth of median family income.

When the real estate market crashed in 2007 - 2008, monthly payments of principal and interest were nearing 25 percent of the U.S. median family monthly income.

The typical family is defined as one earning the median family income as reported by the U.S. Bureau of the Census.

Naples, Florida Expected price drop: -16.6 % Median family income: $ 62,800 (137th highest) Unemployment rate: 10.5 % Median home price: $ 225,000 (40th highest) Projected to hit lowest level: Q4 2012 Like much of southwest Florida, Naples was one of the fastest - growing communities in the country as it prepared for the millions of baby boomers on the cusp of retirement.

The median family income in Canada hasn't moved that much — it's stuck at about $ 65,000.

* Median Family Income: NAR uses Income data from the Census Bureau American Community Survey.

The index — which tracks median home price, median family income, and the average mortgage rate — reached 206.1 in January.

Finishing a surprising second in the rankings are the citizens of Juneau, Alaska, where the median family household has $ 470,597 in wealth, enough to enable them to rank ahead of households in Boston, New York City, and Seattl, the next three top cities.

Median family income remains lower than it was in 2007, the Census report said, though precise comparisons are difficult to determine because the Census changed its methodology last year so it could provide a more detailed look at the sources of Americans» income.

Neighborhood income (i.e., median family income) was collected from census tract data based on the participants» zip codes.

Latino families also had lower neighborhood median family income than Caucasians ($ 51,000 vs. $ 72,000, p <.001).

Median family income at Wave 1 was $ 70,000 and 6 % of the families received public assistance income.

To illustrate this point, we looked at the data on a state - by - state basis; specifically, we compared the state median family income among households with children (according to the Kids Count Data Center) to the going rates for nannies and day care.

During this same time, median family income increased from $ 112,000 in 2012 to nearly $ 130,000 in 2013, the report said.

Somerset County improved in a few areas, including a decrease in child poverty and increases in median family income and the percent of low - income children receiving breakfast at school, the report said.

Gradual improvements in the economy, including an increase in median family income, are beginning to have a positive impact on Rhode Island's child poverty rate.

However, the county's families lost ground over the past few years in some areas, including median family income and women receiving early prenatal care.

Median family income increased slightly, from close to $ 74,000 in 2010 to $ 74,835 in 2011, moving Union up to 12th from 13th the year before.

The county also posted slight improvements in both median family income and the percent of women receiving early prenatal care.

Despite evidence of the positive impact of high - quality early childhood education for all children, it remains out of reach for most low - and moderate - income families.15 The average price of center - based care in the United States accounts for nearly 30 percent of the median family income, and only 10 percent of child care programs are considered high quality.16 Publicly funded programs — such as Head Start, Early Head Start, child care, and state pre-K programs — are primarily targeted at low - income families, but limited funding for these programs severely hinders access.17 This lack of access to high - quality early childhood education perpetuates the achievement gap, evidenced by the fact that only 48 percent of low - income children are ready for kindergarten, compared with 75 percent of moderate - or high - income children.18

They earn an annual median family income of $ 57,088 living and working in a scenic valley on the banks of the Arkansas River in south central Kansas.

The median family income is $ 130,164.

The median household income is $ 67,807 and the median family income is $ 84,488.

For instance, some states such as New Jersey, New York and Louisiana have high insurance costs, especially when measured against median family income, yet their uninsured motorist rates were 12 percent or less at the time of the study.

The median household income in Chandler is $ 70,460 and the median family income is $ 81,720.

Combined with a median family income of $ 34,601, that makes it an affordable city for nearly everyone.

It would be the school with the median family income and, like all the other schools, would have relatively low within - group standard deviation.

Median family income has dropped to 1995 levels — so we're going backward.

By 2025, the average family could be saving $ 3,500 per year due to hydraulic fracturing, a staggering figure in a country with a median family income of just $ 52,000.

An analysis by the National Low Income Housing Coalition estimates that there are only 22 affordable and available rental units for every 100 renters in Oregon with an income at or below 30 percent of the median family income.

* Based on the average cost of care for one child in relation to the state median family income among households with children

Income thresholds are created by comparing the median family income of lower income areas to the median family income of a broader area.

Specifically, median family income estimates are based on the average of wage growth and last year's actual income growth.

During the early 1970s, home prices were about 2.3 times median family income.

* Median Family Income: NAR uses Income data from the Census Bureau American Community Survey.