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 i
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 i
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 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.