Sentences with phrase «national median income of»

The latest HOI data reveal that 73.8 percent of all new and existing homes sold in the second quarter were affordable to families earning the national median income of $ 65,000.

Despite depressed prices in many markets, the National Association of Home Builders» Housing Opportunity Index showed in November that only 42 percent of all new and existing homes sold in the third quarter were priced low enough to be affordable for families earning the national median income of $ 59,000.

Based on a study by the Center for Responsible Lending, it would take borrowers up to 14 years to save 20 percent down based on national median income of $ 50K and a home price of $ 172K.

We're talking about $ 375 for a family of four making the national median income of $ 53,891 a year and contributing $ 2,500 to a traditional retirement plan.

A typical borrower with excellent credit (750 +), who rents a home, and has an annual income around the national median income of $ 52,000, can expect interest rates ranging from 8.52 % to 13.48 % APR..

Best Egg says borrowers typically earn an annual salary of $ 60,000, which is a little higher than the national median income of $ 59,039.

Not exact matches

Some of the salaries exceed the national median household income, which was $ 59,039 in 2016.

According to the Pew Research Center, people whose household income falls between 66 % and 200 % of the national median household income can call themselves middle - class.

This is because the state has no income tax, and the median household income of $ 59,143 is higher than the national median.

Once again, we tap into Zillow Group's wealth of data and use a data set that includes mortgage affordability, rental affordability, and price - to - income ratios for the five most populous US cities with comparison to the national median.

Rising home prices, despite an increase in the national family median income ($ 67,723) 4, slightly decreased affordability in the third quarter compared to the third quarter of last year.

But Blomquist notes that local housing costs as a share of median income are far lower than the national average, so Montgomery County «is probably on the low end of the risk spectrum.»

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 avMedian 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 avmedian of $ 52,762, and 21.5 % of the individuals in the district are below the poverty level, compared to the 14.3 % national average.

«National economic growth slowed in 2016 and New York is not immune,» Morris Peters, a Budget Division spokesman said, «but under this administration unemployment is down in every region of the state, median household income growth is outpacing the nation as a whole, taxes are down for every New Yorker, and upstate is benefiting from the largest economic development investment in history.»

Florida's scholarship students are among the most disadvantaged — the average household income of scholarship families was only $ 24,067 this year, 4.5 percent above the poverty line — yet on math and read tests, they still score near the national median among all students from all income ranges.

While Greenhow cautions that the study wasn't intended to be nationally representative, it is only slightly higher than national studies by the Pew Internet & American Life Project, which found that 82 percent of teens with a family median income of $ 30,000 or less were online, and that among all teens, 58 percent had a profile on a SNS.

Teachers College of Columbia University did a study that found the typical opt out activist — the target of the Long Island teachers group — is «a highly educated, white, married, politically liberal parent whose children attend public school and whose household median income is well above the 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.

The conventional definition of disadvantaged students today is eligibility for free lunch, because their household income (for a family of four) is about half the national median.

«Not all of these students were from wealthy families but most were; as parents typically had advanced educational degrees and median incomes much higher than national norms,» she added.

In that year, a letter carrier with six years of seniority earned $ 3,678, and the national median household income was $ 3,948.

Annual median incomes in those districts ranged from $ 16,607 to $ 18,980, well below $ 22,314, the national poverty line for a household of four.

Also home to the University of Texas at Austin, the city reported a median household income a few thousand dollars higher than the national median, while the median owner - occupied home value stood close to $ 280,000.

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.

With a median household income nearing 70,000, the state of Connecticut is an affluent one, and home prices tend to be higher than national averages because of that.

While the results from the Pew report are good news for married, college - educated women, who shared a total family income of nearly $ 80,000 in 2011 (generously above the national median of $ 57,100 for all families with children), the findings also showed that mothers raising children on their own earned a median income of about $ 23,000.

The median household income for the US as a whole was $ 57,462, making this income bracket particularly important to understanding the national picture of home affordability.

Plainly, if your income is less than the national median, especially if it's substantially less, maintaining a place of your own on 35 % of your take - home or lower is going to be a severe challenge, even in less - expensive regions.

Kansas City's may have a quality of life problem similar to that of Minneapolis, however — its median income is about 17 % below the national median, while cost of living is just 2 % below the national average.

The median household income is 10 % below the national median, while the cost of living is about 11 % above the national average.

Denver and nearby Aurora both have median incomes below the national median, but Highlands Ranch, a Denver suburb, has one of the highest median household incomes in the country at almost $ 110,000.

The city of Alexandria also has the highest median household income of the cities noted here — more than 50 % above the national median.

Lincoln's income is one of the lowest on this list and its credit score is in the middle of the pack, but it's one of only three cities (Cambridge and Alexandria being the other two) to have a relative median income higher than its relative cost of living as compared to national averages.

The median household income is just a notch below the national median, and the cost of living is in line with the national average as well.

A city with a cost of living below the national average and median income above the national average will probably have residents with a lot of disposable income and financial security.

Since the average income of Bragg Creek is notability higher than the national average, we have included the MEDIAN annual gross income for this town.

In an attempt to give a general answer to the question of real estate affordability in the United States, the National Association of Realtors (NAR) puts together a monthly report that uses median income, median home price, mortgage rates, and closing cost.

However, the state's median household income of $ 49,576 is below the national median.

However, they may still find themselves trying to survive paycheck to paycheck because the median household income of $ 49,620 is below the national median.

Plus, the state's median household income of $ 61,492 is higher than the national median.

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 iIncome 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 iincome at or below 30 percent of the median family incomeincome.

According to the U.S. Census Bureau, Richmond's 2016 median household income was below the national figure, and 16 percent of the city lived below the poverty line.

These benefits accrue to less affluent regions: 70 percent of wind capacity is installed in counties below the median average national income, and property taxes from wind farms provide millions for local schools and other services.

As of 2013, the median household income in Manhattan was $ 52,223 per year, around $ 1,000 more than the national median.

The National Association of Realtors predicts the median income for agents will rise to $ 46,600 in 2012 and to $ 52,700 in 2013, but that figure skews differently when you consider that 80 percent of total industry income goes to 20 percent of Realtors.

While wages lag slightly behind those found in the larger cities of Boston and Springfield, the median income in Lowell is in line with the national average.

The equivalence scale used in the current study is the European Union scale (a modification of the OECD equivalence scale) where the first adult is given a weight of 1, subsequent adults are given a weight of 0.5 and each child < 14 years of age is given the weight 0.3.40 From this measure of family income, we calculated the proportion of adolescents in relative poverty, defined as having an equivalised household income < 60 % of the equivalised national median income for that particular year (eg, to calculate relative poverty proportions for 2004, we used the median income for 2004).

Overall, Hordaland county is considered representative of Norway with regards to gender and rural / urban residence distribution, and the median household income is also similar to that of the national average.37 In the period 2005 — 2010, the mean proportion of children characterised as being relative poor (see details below) in Hordaland county was slightly lower (7.3 %) than in the country as a whole (8.9 %).

An HOI of 73.7 means that 73.7 % of all homes sold in the first three months of 2013 were affordable to families earning the national median income ($ 64,400).

To purchase a single - family home at the national median price, a buyer making a 5 percent downpayment would need an income of $ 48,334, a 10 percent downpayment would require an income of $ 45,790, and $ 40,702 would be needed for a 20 percent downpayment.