Sentences with phrase «times median household income»

In 2015, the home price per square foot climbed by 6.6 percent and the average price of a home is now just over three times the median household income.
A micro entity (as defined in 35 U.S.C. § 123) is a small entity that does not have four previously filed patents in the United States and does not have a gross income for the preceding calendar year that is more than three times the median household income for that year.
In New York City, an iron and steel worker can ear 1.5 times the median household income for the area.
For example, the average house in New York City will cost you 5.6 times the annual median household income in that area, whereas in Pittsburgh a similar home will cost you 2.3 times the median household income.
[79] During the two decades ending in 2001, the national median home price ranged from 2.9 to 3.1 times median household income.
In 2013, the most recent year for which data is available from the U.S. Census Bureau, the median new home price was $ 268,900, or more than five times the median household income of $ 51,939 reported in that same year.
It's nearly eight times the median household income in Onondaga County.

Not exact matches

Median home prices are currently at 4.6 times our gross median household income, but Demographia, an urban planning research firm and consultancy in the U.S., argues that prices become unaffordable when they exceed three times iMedian home prices are currently at 4.6 times our gross median household income, but Demographia, an urban planning research firm and consultancy in the U.S., argues that prices become unaffordable when they exceed three times imedian household income, but Demographia, an urban planning research firm and consultancy in the U.S., argues that prices become unaffordable when they exceed three times income.
The firm argues that median house prices should be no more than three times larger than gross median household incomes to remain affordable, and to prevent housing bubbles.
The city was recently ranked the second - least - affordable major market in the world by Demographia, a U.S. research firm, with median home prices 10.6 times the median pre-tax household income.
The disappointing trends of the Great Recession and its aftermath come on the heels of the weak labor market from 2000 - 2007, during which the median income of non-elderly households fell significantly from $ 68,941 to $ 66,575, the first time in the post-war period that incomes failed to grow over a business cycle.
The 2016 figures showed a further worsening of Hong Kong's wealth gap, as the richest 10 per cent of households - with a median monthly income of HK$ 112,450 - earned 44 times more than the poorest 10 per cent making an average of HK$ 2,560.
First - time Pittsburgh buyers can expect to pay just 11.7 % of median household income on their mortgages — the lowest level of any metro area Zillow evaluated.
But consider this: The median household income in Oakland is about the same as the U.S. median, yet median home values are 2.7 times the U.S median.
The Windy City's first - time buyers can also expect to spend a mere 16.2 % of monthly income on mortgage bills, while young workers» median household incomes have risen a solid 14.3 % over the past five years.
Likewise, upper - income households are divided into upper - middle income households (with more than twice the overall median income and up to three times the median) and highest - income households (with more than three times the overall median income).
First - time Massachusetts homebuyers whose total household income doesn't exceed 100 % of area median income (AMI).
As of the third quarter of 2011, the average house in Australia cost 6.7 times the country's gross annual median household income.
Trulia recently looked at home affordability across the decades, weighing median home prices and average household incomes for that time period.
«t's actually quite hard to figure out how much of the change in median household incomes over time is due to Simpson's Paradox - type composition effects»
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.
The returns released by Commisso show that he and his wife, Brittany, together earned $ 132,907 in 2016 — more than three times the city's median household income.
Cuomo declared an income of $ 212,776 last year, which is more than three times the median U.S. household income of $ 59,039.
After the raise, Councilman Carlos Menchaca, whose district includes Red Hook and Sunset Park, makes 2.66 times percent the median household income of his district, which is $ 55,767.
In Los Angeles, the salary for Council members is higher — at $ 184,610, Council members make a little over four times the $ 49,497 median household income in LA.
Other Cities At $ 225,000 a year, the mayor's salary is more than four times greater than median household income in New York City, which is $ 52,259.
Researchers tracked each participant's physical activity during selected times over seven days and considered socio - demographic factors — including household income, highest level of education attained by parents living in the household and median household income.
Now, given that 50k is the median household income there are obviously many parents who's time is worth more.
If we use the 2010 median household income from the U.S Census Bureau, $ 50,000, and assume that there are two parents in the home that works out to your time being worth roughly $ 12 / hour.
Almost 80 percent of the adults in Whitman's zip code are college graduates, and the median household income is three times the U.S. average.
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.
At the time Debtors commenced this case, their annualized monthly income was less than the applicable median family income for their household size.
Demographia says housing markets are affordable when median prices are no more than three times higher than median household income.
The 2017 Demographia International Housing Affordability Survey gives Vancouver a rating of 11.8, meaning median home prices are 11.8 times higher than median household income.
Is it any wonder that the extraordinary growth of part - time service workers alongside the loss of full - time manufacturing positions have contributed to significant declines in median household income?
The First - time Homebuyers Assistance Program, established and administered by the City of Kenner Department of Community Development, is designed to provide financial assistance to low, moderate, and median income households trying to purchase a home in the City of Kenner.
There's a low ratio of residents to healthcare providers so you won't have to worry about long wait times at the doctor, and the median household income for seniors is the second highest on our list.
Though the median income for college educated households is $ 57,941, the median net worth of households with no student loan debt is $ 64,700, or more than seven times higher than households with student loan debt, whose net worth is a paltry $ 8,700.
As you can see, since 1977, the median US household income has increased by almost 3.6 x, while the cost of education has increased more than 10X, thus the rate of «education inflation» is several times that of regular inflation.
«What's interesting to note is that the number one job on our list — Deep Learning — pays over four times the country's median household income,» says Eric Noe, Editor - in - Chief.
While the median household income is only $ 39,000, that's skewed significantly downwards because of the presence of many college students who either don't have a household income, or work part time while in school.
It may be viewed as an indicator of the economic resources that are available to a standardised household, and accounts for inflation / changes in median income over time.
Area - level explanatory variables will include: accessibility and remoteness, as measured by the Accessibility / Remoteness Index of Australia Plus (ARIA +); 54 socioeconomic disadvantage, as measured by the Australian Bureau of Statistics (ABS) Socioeconomic Indexes for Areas (SEIFA); 55 presence of Aboriginal Medical Services; presence of an AMIHS; proportion of Aboriginal pregnancies / births in an area managed by an AMIHS; numbers of Aboriginal and non-Aboriginal children attending preschool; numbers of full - time equivalent health workers (including general medical practitioners, nurses, midwives and Aboriginal health workers) per 10 000 population; measures of social capital from the NSW Population Health Survey; 56 features of local communities (derived from ABS Census data), such as information on median personal and household income, mortgage repayment and rent; average number of persons per bedroom and household size; employment; non-school qualifications and housing type for Aboriginal residents in each area.57
The median household income for downtown residents reached $ 162,700 in mid-2007, nearly three times higher than the median household income for the rest of Manhattan.
From median household income to average drive times, site selection technology allows real estate professionals to visualize a specific site by layering different pieces of data on a map, says Michael Kesselman, co-founder and chief product officer at Woeburn, Mass. - based geoVue.
Pitcher (1)-- first - time buyers made up 32 percent of sales in February Catcher (2)-- 2.6 percent year - over-year increase in February pending home sales First base (3)-- 3.8 - month's supply of homes on the market in February Second base (4)-- 4 percent of buyers purchased a condo Third base (5)-- 5 percent of buyers had a median household income between $ 150,000 and $ 174,999 Shortstop (6)-- 6 percent is the median down payment of first - time buyers Left field (7)-- 7 percent of buyers are single men Center field (8)-- 8 percent of buyers are from the Silent Generation (ages 71 - 91) Right field (9)-- 9 percent of first - time buyers financed their purchase with a VA loan
Harborlight Community Partners Affordable Housing: HCP is the administrator of 51 first - time homebuyer condominiums located in four locations in Gloucester for qualified buyers that meet the household income restrictions of less than 80 % of median area income.
In contrast, the median household income only saw a 15 % increase over that time span.
For first - time buyers the median household income was $ 47,900 and for repeat buyers $ 60,600.
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