Sentences with phrase «times median family»

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

Not exact matches

«Although earning slightly more than their parents did in the 1980s, millennials need to pay more to get their foot in the housing door,» he said, adding that the average house price in 2011 was ten times the median salary of a young family.
According to U.S. Census Bureau data, this was already about three times the annual median income for the average family in 1954 — proof that Buffett was well on his way to fortune.
According to a March 2016 article in The Seattle Times: «Single - family home prices in the city... jumped 24 percent over the year to a median $ 644,950.»
This is because the median value is now eight times higher than the median family income.
As CNN has it, «The median upper - income family (those who make more than $ 127,600) now holds 75 times the wealth of the median low - income family (those who make less than $ 42,500), according to an analysis of the data by the Pew Research Center.»
The median household income for families with two full - time working parents and at least one child under 18 at home is $ 102,400, compared with $ 84,000 for households where the father works full time and the mother works part time and $ 55,000 for households where the father works full time and the mother is not employed.
For sample Pregnancy 1, women who saw midwives with appointment times of < 15 minutes had a median MADM score of 30, compared to a median MADM score of 23 among those who saw obstetricians, and 22 among women who saw family physicians during short appointments.
Lower median - income families were more likely to choose the open procedure than those of higher median incomes, but after accounting for the income difference, patients and parents exposed to the cost information still were 1.7 times more likely to choose the open procedure.
After accounting for differences in how much families earn, both districts» PTA revenues remained steady during this time period, with per - pupil PTA revenues equal to 0.06 percent of the income of the median household with children.
During the same time period, Portland's PTA revenues increased from approximately $ 130 to $ 140 per student, remaining around 0.18 percent of median household income for families with children.
In modern times, the net median household wealth for a white middle class family was $ 141,900 in 2013 compared to only $ 11,000 for a black middle class family (Reeves, 2013).
But time is on your side right now: Home values are continuing to climb, with the median existing single - family home price increasing in 148 of the 178 cities measured by the National Association of Realtors ®» latest Metropolitan Median Area Prices and Affordability quarterly median existing single - family home price increasing in 148 of the 178 cities measured by the National Association of Realtors ®» latest Metropolitan Median Area Prices and Affordability quarterly Median Area Prices and Affordability quarterly study.
In today's market, it could take a family earning the national median income up to 20 years to save 20 percent, according to calculations by U.S. Mortgage Insurers using a methodology developed by the Center for Responsible Lending; a lot can change during that time, in the family's personal finances and in overall mortgage market trends.
At the time Debtors commenced this case, their annualized monthly income was less than the applicable median family income for their household size.
The State Median Family Income by Family Size for bankruptcy gets updated from time to time.
OTTAWA — Statistics Canada says the median net worth of Canadian families totalled $ 295,100 in 2016, up 14.7 per cent from 2012 the last time the survey was conducted.
Median family income in Saskatchewan's capital is just over $ 80,000 (according to 2015's census data), putting the market at just over 4.1 times what the average family makes.
Median income was around $ 9,000 per year at this time, so a little more than double the average family would put you in the top 10 %.
From 1984 to 2000, median home prices were about 2.8 times the median yearly family income.
Total gross family income can not exceed 80 % of the area median income (Mortgage Revenue Bond limits) based on family size for the county the borrower resides in at the time of enrollment in the First Home Club Program
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.
During this same time, median family income increased from $ 112,000 in 2012 to nearly $ 130,000 in 2013, the report said.
Moreover, when comparing median net worth to median earnings, home owning families come out ahead: Using the Federal Reserve's numbers again, owners» net worth comes out to about two to three times their before - tax income.
The median lot size of a new single - family detached home sold in 2015 dropped under 8,600 square feet for the first time since Census Bureau's Survey of Construction (SOC) started tracking the series.
In April, the median time on the market for all single family homes was 74 days in February, up from 71 in January, according to the National Association of REALTORS ®.
At a time when a median new single - family home is 2,114 square feet, according to the National Association of Home Builders, a development concept that puts eight 1,000 - square - foot units on three - quarters of an acre may seem like madness.
«This is the first time the housing affordability index has broken the 200 mark, meaning the typical family has roughly double the income needed to purchase a median - priced home,» says Moe Veissi, 2012 NAR president.
«This is the first time the housing affordability index has broken the two hundred mark, meaning the typical family has roughly double the income needed to purchase a median - priced home,» he said.
First - time homebuyers tend to purchase detached single - family homes at a median price of $ 170,000, likely financing 95 percent of the purchase price.
To celebrate President's Day, here is the national median single - family home price at the time each president was sworn in since 1969.
Jumping 8.6 % from last year, the median sales price for a single family home on Oahu is now at an all time high of $ 760,000.
This is because the median value is now eight times higher than the median family income.
According to the National Association of Realtors, the median sales price for single family homes rose to an all - time high of $ 236,400 in June of 2015 - above the previous record high of $ 230,400 set in July of 2006.
The program provides funds towards the purchase of a single - family home or a condominium unit for median income first time homebuyers.
New monthly home - sales data released Tuesday showed Seattle's median single - family - home price hit $ 777,000 in February, $ 20,000 more than the previous all - time high set just a month prior.
«The median age of a millennial home buyer is 30 years old, which typically is the time in life where one settles down to marry and raise a family,» says Lawrence Yun, NAR's chief economist.
Lawrence Yun, NAR's chief economist confirms this age - shift in housing preference, saying, «The median age of a millennial home buyer is 30 years old, which typically is the time in life where one settles down to marry and raise a family
To celebrate President's Day, this infographic shows the national median single - family home price at the time each president was sworn in since 1969.
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With a house in Toronto costing about 12 times the median total family income, first - time homebuyers are increasingly feeling like homeownership is out of reach.
In May, sales of single - family houses and the corresponding median sale price — where half the sales are above and half below — both rose for the first time since January.
In the U.S. at the time of this analysis, the median single - family home was worth about $ 171,600, while the median waterfront house was valued at $ 370,900, a waterfront premium of 116.1 percent.
Nationwide, the typical oceanfront or lakefront, single - family home is worth more than double the median value of all homes, and in some communities the median waterfront house could be worth ten or more times the median value of non-waterfront houses, according to a new analysis by Zillow ®.
Methodology: GOBankingRates surveyed all 50 states, analyzing eight data points that served as determining factors in the ranking: (1) median household income, sourced from the Census Bureau in 2015 dollars; (2) median home listing price as of June 2017, sourced from Zillow; (3) food spending, using the grocery index sourced from Missouri Economic Research and Information Center and multiplying it against the average amount spent on food from the BLS consumer spending survey from July 2015 - July 2016; (4) employee health insurance premium contribution, sourced from the Commonwealth Fund; (5) annual child care costs for an infant and a 4 - year - old, sourced from Child Care Aware of America; (6) whether the state offers paid time - off for family leave; (7) whether the state has expanded the earned - income Tax Credit at the state level; (8) whether the state expanded Medicaid coverage as part of the Affordable Care Act.
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.
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