Online Resources
- HOUSINGPOLICY.ORGOnline guide to state and local housing policy
- FORECLOSURE-RESPONSE.ORGResources to help state and localities prevent foreclosures
- HOUSINGPOLICY.ORG FORUMPose questions, exchange ideas, and learn from the experience of others
- PAYCHECK TO PAYCHECKAn interactive database comparing wages and housing costs
Homeownership Market —
2009 Median Priced Home: not available
© 2000-2010 Center for Housing Policy
Data on the median-priced home are from the National Association of Home Builders' Housing Opportunity Index for the fourth quarter (4Q) of 2009. Click here for metro area definitions. The annual income needed to qualify for a mortgage was calculated using the average prevailing interest rate, assumes a 10 percent downpayment and the use of private mortgage insurance, and includes principal, interest, taxes and insurance.
Wage data are as of November 2009 and were obtained from a proprietary database of salary information by geographic location maintained by Salary.com.
Rental Market —
2009 Fair Market Rent: 1BR not available, 2BR not available
© 2000-2010 Center for Housing Policy
Rental data are from the U.S. Department of Housing and Urban Development's report on Fair Market Rents for the year 2010 and are based on a survey of recently occupied units. Click here for metro area definitions. The Hourly Wage Needed to Afford is the hourly wage that must be earned so that this rent does not exceed 30 percent of income, a standard measure of affordability. It is based on a concept developed by the National Low Income Housing Coalition.
Wage data are as of November 2009 and were obtained from a proprietary database of salary information by geographic location maintained by Salary.com.