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.