Sentences with phrase «median household income rate»

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The Duetsche Bank predictions came supported with charts and statements that show Canada's housing market is valued 35 % higher than the median house price (when compared to median household income) and 91 % when compared to average rental rates.
The site first looked at the median household income across 98 major cities and calculated the average hourly rate in each (based on a 40 - hour work week).
Washington, D.C., has the second - highest state income taxes paid due to its high tax rate and high median household income of $ 72,935.
Hawaii has the highest state income taxes paid of any state due to its relatively high income tax rate and high median household income of $ 71,977.
Cities were then evaluated on four factors to narrow down to one city: 1) city unemployment rate, as of August 2016, sourced from Bureau of Labor Statistics; 2) median household income, sourced from Census.gov; 3) median home price, sourced from Zillow; 4) percentage of population with bachelor's degree, sourced from Census.gov.
To find out what a typical mortgage with Wells Fargo might cost, we used the American median household income, median single - family home price and a 10 % down payment on a 30 year fixed - rate loan of $ 178,200.
Currently, the city has an unemployment rate of just 3.3 %, and the median household income for folks living here is about $ 66,529.
Median - and Lower - Income Households Face Higher Inflation Rates Consumer inflation differential vs. household income greater than USD 100K (average per year, 2004 -Income Households Face Higher Inflation Rates Consumer inflation differential vs. household income greater than USD 100K (average per year, 2004 -income greater than USD 100K (average per year, 2004 - 2013)
Its unemployment rate, median home value, high school graduation rate, and median household income are comparable to plenty of other big cities.
That 60.2 % maximum rate kicks in around $ 55,000, not much above the median household income.
Median household incomes are lower, and so is the labor participation rate.
The study revealed that less than one in 14 bystanders performed CPR in the majority of the lowest - performing group, which had a median household income of $ 43,611 (± $ 5,038), resulting in a ROSC rate of 1.5 percent.
However, in the highest - performing group, which had a median household income of $ 50,225 (± $ 6,661), about half of the bystanders performed CPR, resulting in a ROSC rate of 23.3 percent.
For their study, Jagbir Gill, MD, MPH (University of British Columbia, in Vancouver) and his colleagues divided the US population based on the median household income level of residents» zip codes, and they examined the rates of living donation between 1999 and 2010 in high and low income populations.
Scottsdale is 9 percent Hispanic, the median household income is $ 72,000, the poverty rate is 7 percent.
[ii] At the state level, one can calculate the proficiency rate one would expect to see in a state given factors such as state size, population density, median household income, and unemployment rates.
Looking at the most recent statistics, the median household income in the United States was $ 59,039 in 2016 according to the U.S. Census Bureau, and the personal savings rate of disposable income was 3.1 % in September 2017, according to the Bureau of Economic Analysis.
USDA requires borrowers earn less than 80 percent of the adjusted median income for their household size to get a subsidized mortgage funded directly by the government, and less than or equal to 115 percent of the median for a guaranteed mortgage at market rates from a private lender.
The 2017 Demographia International Housing Affordability Survey gives Vancouver a rating of 11.8, meaning median home prices are 11.8 times higher than median household income.
With an unemployment rate starkly below the national average and a strong median household income, this is financially a great place to live.
In reality, US real median income had already peaked in the 80s... Not that many acknowledged such an inconvenient statistic — the money illusion, the increasing prevalence of dual - income households (by necessity), the collapse in the savings rate, coupled with exploding personal debt, and (of course) the housing bubble, helped keep the party going for decades.
As you can see, since 1977, the median US household income has increased by almost 3.6 x, while the cost of education has increased more than 10X, thus the rate of «education inflation» is several times that of regular inflation.
In Milwaukee, the WHS looked at each ZIP code in the city, filling the spreadsheet with such information as the total population, number of households, percentage of renter - occupied homes, racial makeup, level of education, median age, unemployment rate, average income and percentage of people living below the poverty line.
A quick check of the census data for Maryland, in fact the # 1 ranked state, shows a median household income of $ 69,272; the maximum qualifying mortgage amount at today's interest rates is $ 301,183.
To put car insurance costs in context, we calculated the percent of each state's annual median household income that's spent on car insurance, using average car insurance rates by state.
With an unemployment rate starkly below the national average and a strong median household income, this is financially a great place to live.
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.
For the second consecutive year, Morris and Hunterdon Counties came in first and second place in the overall well - being of its children, both with a child poverty rate of 5 percent and a household median income of more than $ 136,000.
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.
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The minimum household income needed to purchase a median - priced home ($ 383,320) in California in July was $ 86,440, based on a 30 - year, fixed - rate mortgage at 5.39 percent and assuming a 20 - percent downpayment.
The average household would need annual income of $ 111,260 to qualify for a fixed - rate mortgage for the median - priced home in the state, according to the California Association of Realtors.
Indeed, inflation - adjusted median household income rose by 5.2 % in 2015, the largest increase since at least 1968, while the poverty rate fell to a post-recession low (although it remains uncomfortably high at 13.5 % compared with 11 % in 2000).
Using median household income data for Phoenix, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate.
While the latest census median annual household figure income is now $ 43,524, it was $ 38,584 back in 2006, which is a net increase of $ 4,940 Subtract from that the median mortgage repayment increase of $ 5,208 and a mortgage broker's clients could be up to $ -268 better off each year even without factoring in mortgage rate cuts.
This median rent - to - income ratio for households living in market - rate properties has held remarkably steady throughout this economic cycle.
In 2017, median income among households signing new leases for market - rate properties reached $ 61,000.
An index rating of 100 means that a household earning a median income could afford the mortgage payments on a median - priced home.
* Assumptions in the Zillow report: Buyer puts 20 % down, takes out a conforming, 30 - year fixed - rate mortgage at rates prevailing at the time, earns the median household income, and is buying a median - valued home.
Both home prices and mortgage interest rates are expected to edge up modestly as the year progresses, but housing affordability will remain very favorable with the median - income household well positioned to afford a median - priced home.
With mortgage rates expected to rise to 5 percent this year, Kiplinger forecasters predict it will cost the average household 17 percent of their income in 2014 to purchase a median - price home.
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 index measures the relationship between median home price, median family income and mortgage interest rates; the higher the index, the greater household purchasing power.
The following are the six metro areas that topped its list, including each city's unemployment rate, median household income, and cost - of - living index (the index is based on the national average of 100; cities with a score below 100 have a lower cost - of - living).
What makes Delaware one of the best places to raise a family is the state's high median household income and support systems for low - income families, which include Medicaid expansion and an earned - income tax credit (though at a lower rate than other states).
* The variables considered in the San Diego Association of Realtors Home Affordability Index are: median household income, median home values, and average interest rates.
To pinpoint these promising places, we started with the nation's 75 largest metropolitan areas and ranked them based on average monthly rent, median household income for renters, residential rental vacancy rate and overall cost of living.
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