Sentences with phrase «times median family income»

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

Not exact matches

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.
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.
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 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.
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.
«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.
This is because the median value is now eight times higher than the median family income.
The program provides funds towards the purchase of a single - family home or a condominium unit for median income first time homebuyers.
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.
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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