The ratio of a mortgage payment versus the median monthly income was worst in places where local households earned at or below
the national median income level.
Not exact matches
Median household income is $ 41,326, compared to the national median of $ 52,762, and 21.5 % of the individuals in the district are below the poverty level, compared to the 14.3 % national av
Median household
income is $ 41,326, compared to the
national median of $ 52,762, and 21.5 % of the individuals in the district are below the poverty level, compared to the 14.3 % national av
median of $ 52,762, and 21.5 % of the individuals in the district are below the poverty
level, compared to the 14.3 %
national average.
In one school district that appears to have beaten the odds, Union City, N.J., students consistently performed about a third of a grade
level above the
national average on math and reading tests even though the
median family
income is just $ 37,000 and only 18 percent of parents have a bachelor's degree.
At the
national level, over 60 percent of homes sold were affordable to those earning the nation's
median income — an increase from the fourth quarter of 2016.
At this
level, a household earning the
national median income would have 106 percent of the
income needed to by a house at the
national median price.
NAR's affordability index is at its highest
level ever, at nearly 170, which means households earning the
national median income have 170 percent of the
income needed to buy a home at the
national median price.