Thursday, October 14, 2004
Home Price to Household Income Ratio
To build on my previous post about average home price, here's the ratio of home price to average household income.
| State | City | Average 4/2 Home Price | Average Household Income | Price:Income |
| MA | Boston | 1053594.0 | 34377.0 | 30.648 |
| CA | Oakland | 955000.0 | 31755.0 | 30.074 |
| CA | Santa Barbara | 1230000.0 | 40912.0 | 30.065 |
| CA | San Francisco | 1125500.0 | 40561.0 | 27.748 |
| FL | Miami | 507225.0 | 19725.0 | 25.715 |
| IL | Chicago | 763333.0 | 30707.0 | 24.859 |
| FL | Key West | 759499.0 | 31663.0 | 23.987 |
| CA | Long Beach | 835500.0 | 36305.0 | 23.013 |
| CA | San Mateo | 1142500.0 | 51502.0 | 22.184 |
| CA | Santa Monica | 1081250.0 | 51085.0 | 21.166 |
| CA | San Jose | 952500.0 | 50281.0 | 18.944 |
| HI | Kailua Kona | 1087500.0 | 57537.0 | 18.901 |
| CA | Pasadena | 714500.0 | 40435.0 | 17.67 |
| CA | Palo Alto | 1212000.0 | 68790.0 | 17.619 |
| CA | Santa Rosa | 673630.0 | 41148.0 | 16.371 |
| RI | Providence | 440000.0 | 28342.0 | 15.525 |
| CA | San Diego | 607475.0 | 39318.0 | 15.45 |
| CA | Napa | 639250.0 | 41661.0 | 15.344 |
| CT | Greenwich | 1192500.0 | 80558.0 | 14.803 |
| CA | Newport Beach | 1174375.0 | 81929.0 | 14.334 |
| CA | Fremont | 786500.0 | 55411.0 | 14.194 |
| CA | San Rafael | 739667.0 | 53778.0 | 13.754 |
| HI | Honolulu | 614750.0 | 45227.0 | 13.593 |
| NM | Santa Fe | 448625.0 | 36520.0 | 12.284 |
| MA | Wellesley | 1102500.0 | 90030.0 | 12.246 |
| FL | Daytona Beach | 291307.0 | 24264.0 | 12.006 |
| CA | Pleasanton | 771000.0 | 64486.0 | 11.956 |
| CT | Stamford | 681125.0 | 57360.0 | 11.875 |
| CA | Walnut Creek | 711750.0 | 60046.0 | 11.853 |
| CA | Mission Viejo | 756300.0 | 64690.0 | 11.691 |
| CA | Irvine | 755825.0 | 64717.0 | 11.679 |
| LA | New Orleans | 250375.0 | 22182.0 | 11.287 |
| GA | Atlanta | 283900.0 | 25173.0 | 11.278 |
| DE | Wilmington | 348200.0 | 31140.0 | 11.182 |
| WI | Milwaukee | 310000.0 | 28292.0 | 10.957 |
| CA | Fresno | 305000.0 | 28336.0 | 10.764 |
| MN | Minneapolis | 354175.0 | 32998.0 | 10.733 |
| CA | Sacramento | 348600.0 | 33087.0 | 10.536 |
| FL | West Palm Beach | 323975.0 | 30981.0 | 10.457 |
| OR | Bend | 319519.0 | 30776.0 | 10.382 |
| NY | Staten Island | 520000.0 | 50664.0 | 10.264 |
| OR | Medford | 317000.0 | 31332.0 | 10.117 |
| CT | Norwalk | 548000.0 | 55269.0 | 9.915 |
| MD | Hagerstown | 270225.0 | 27912.0 | 9.681 |
| ME | Portland | 334800.0 | 34837.0 | 9.61 |
| NV | Reno | 347100.0 | 36200.0 | 9.588 |
| MT | Bozeman | 256499.0 | 26787.0 | 9.576 |
| MA | Framingham | 509966.0 | 53270.0 | 9.573 |
| CO | Boulder | 441725.0 | 46208.0 | 9.559 |
| NY | Buffalo | 228000.0 | 23887.0 | 9.545 |
| PA | Allentown | 304500.0 | 31972.0 | 9.524 |
| PA | York | 239840.0 | 25229.0 | 9.507 |
| CA | Modesto | 340333.0 | 35884.0 | 9.484 |
| GA | Athens | 221300.0 | 23348.0 | 9.478 |
| MO | St Louis | 229325.0 | 24274.0 | 9.447 |
| CA | Ontario | 360050.0 | 38135.0 | 9.441 |
| MA | Lexington | 715000.0 | 76410.0 | 9.357 |
| FL | Panama City | 204600.0 | 21881.0 | 9.351 |
| AZ | Flagstaff | 326700.0 | 34952.0 | 9.347 |
| PA | Harrisburg | 228044.0 | 24469.0 | 9.32 |
| FL | Clearwater | 310613.0 | 33434.0 | 9.29 |
| FL | Sarasota | 279510.0 | 30236.0 | 9.244 |
| NV | Sparks | 347100.0 | 38122.0 | 9.105 |
| NY | Rochester | 251666.0 | 27675.0 | 9.094 |
| WA | Bellevue | 491666.0 | 54261.0 | 9.061 |
| SC | Charleston | 290000.0 | 32212.0 | 9.003 |
| UT | Provo | 207440.0 | 23127.0 | 8.97 |
| FL | Tampa | 247375.0 | 27662.0 | 8.943 |
| PA | Lancaster | 239200.0 | 27002.0 | 8.859 |
| GA | Savannah | 239625.0 | 27076.0 | 8.85 |
| PA | Pittsburgh | 243125.0 | 27484.0 | 8.846 |
| NJ | Ridgewood | 752500.0 | 85531.0 | 8.798 |
| OH | Cincinnati | 234167.0 | 26774.0 | 8.746 |
| KY | Louisville | 223518.0 | 25805.0 | 8.662 |
| MA | Worcester | 311966.0 | 36261.0 | 8.603 |
| MN | Duluth | 270075.0 | 31431.0 | 8.593 |
| WA | Seattle | 341333.0 | 39860.0 | 8.563 |
| CA | Bakersfield | 313750.0 | 36998.0 | 8.48 |
| NC | Wilmington | 229750.0 | 27202.0 | 8.446 |
| MD | Frederick | 338749.0 | 40116.0 | 8.444 |
| VA | Richmond | 244633.0 | 29021.0 | 8.43 |
| MD | Annapolis | 337950.0 | 41012.0 | 8.24 |
| WA | Tacoma | 255250.0 | 31203.0 | 8.18 |
| OR | Portland | 262600.0 | 32424.0 | 8.099 |
| NH | Portsmouth | 277000.0 | 34344.0 | 8.065 |
| FL | Port Charlotte | 227967.0 | 28362.0 | 8.038 |
| UT | Salt Lake City | 238288.0 | 29697.0 | 8.024 |
| FL | Jacksonville | 267106.0 | 33303.0 | 8.02 |
| FL | Orlando | 244730.0 | 30570.0 | 8.006 |
| LA | Shreveport | 214475.0 | 26894.0 | 7.975 |
| CT | Ridgefield | 666600.0 | 83859.0 | 7.949 |
| PA | Reading | 216300.0 | 27277.0 | 7.93 |
| FL | Coral Gables | 507225.0 | 64036.0 | 7.921 |
| WI | Green Bay | 263200.0 | 33367.0 | 7.888 |
| CT | Westport | 753000.0 | 95791.0 | 7.861 |
| AZ | Tucson | 212600.0 | 27208.0 | 7.814 |
| AZ | Scottsdale | 376300.0 | 48202.0 | 7.807 |
| AZ | Phoenix | 266667.0 | 34172.0 | 7.804 |
| CO | Denver | 249333.0 | 32038.0 | 7.782 |
| AK | Juneau | 420537.0 | 54088.0 | 7.775 |
| OR | Eugene | 265250.0 | 34153.0 | 7.767 |
| MS | Jackson | 219875.0 | 28401.0 | 7.742 |
| NJ | Wayne | 501950.0 | 64933.0 | 7.73 |
| TX | San Antonio | 205125.0 | 26885.0 | 7.63 |
| NJ | Sparta | 521180.0 | 68667.0 | 7.59 |
| NJ | Basking Ridge | 603375.0 | 80000.0 | 7.542 |
| NY | Albany | 258301.0 | 34493.0 | 7.489 |
| NV | Las Vegas | 263125.0 | 35300.0 | 7.454 |
| TX | Dallas | 236313.0 | 31925.0 | 7.402 |
| IA | Des Moines | 242400.0 | 32772.0 | 7.397 |
| OH | Canton | 184633.0 | 25177.0 | 7.333 |
| NY | Syracuse | 205350.0 | 28012.0 | 7.331 |
| VA | Roanoke | 206487.0 | 28203.0 | 7.321 |
| FL | Gainesville | 228958.0 | 31321.0 | 7.31 |
| GA | Columbus | 207200.0 | 28607.0 | 7.243 |
| OR | Salem | 225633.0 | 31282.0 | 7.213 |
| WA | Spokane | 207321.0 | 28778.0 | 7.204 |
| CT | Danbury | 365775.0 | 51144.0 | 7.152 |
| FL | Tallahassee | 245725.0 | 34764.0 | 7.068 |
| CO | Fort Collins | 264966.0 | 37491.0 | 7.067 |
| IL | Barrington | 530125.0 | 75228.0 | 7.047 |
| VA | Reston | 462000.0 | 65634.0 | 7.039 |
| OH | Columbus | 231225.0 | 32898.0 | 7.029 |
| TX | El Paso | 174667.0 | 25157.0 | 6.943 |
| IL | Aurora | 275967.0 | 39941.0 | 6.909 |
| VA | Lynchburg | 207000.0 | 30141.0 | 6.868 |
| AR | Fayetteville | 207325.0 | 30353.0 | 6.83 |
| GA | Macon | 178320.0 | 26256.0 | 6.792 |
| LA | Baton Rouge | 197057.0 | 29024.0 | 6.789 |
| MI | Ann Arbor | 340000.0 | 50192.0 | 6.774 |
| NM | Albuquerque | 228452.0 | 33746.0 | 6.77 |
| IL | Carol Stream | 333667.0 | 49673.0 | 6.717 |
| OH | Dayton | 166600.0 | 24819.0 | 6.713 |
| PA | Erie | 183450.0 | 27725.0 | 6.617 |
| TN | Chattanooga | 180425.0 | 27487.0 | 6.564 |
| FL | Coral Springs | 323750.0 | 49856.0 | 6.494 |
| TN | Memphis | 176125.0 | 27178.0 | 6.48 |
| VA | McLean | 558650.0 | 86841.0 | 6.433 |
| AL | Mobile | 180575.0 | 28220.0 | 6.399 |
| OH | Akron | 176000.0 | 27543.0 | 6.39 |
| SC | Myrtle Beach | 187116.0 | 29493.0 | 6.344 |
| NC | Fayetteville | 183267.0 | 29288.0 | 6.257 |
| PA | Doylestown | 392500.0 | 62804.0 | 6.25 |
| MD | Columbia | 391833.0 | 62774.0 | 6.242 |
| MI | Grand Rapids | 199700.0 | 32049.0 | 6.231 |
| SC | Columbia | 175500.0 | 28488.0 | 6.16 |
| MO | Kansas City | 201600.0 | 32969.0 | 6.115 |
| WI | Madison | 248248.0 | 40799.0 | 6.085 |
| WI | Wausau | 198925.0 | 32690.0 | 6.085 |
| AZ | Mesa | 214300.0 | 35297.0 | 6.071 |
| IL | Joliet | 225366.0 | 37198.0 | 6.059 |
| TX | Austin | 202628.0 | 33481.0 | 6.052 |
| IL | Peoria | 203666.0 | 34003.0 | 5.99 |
| SC | Greenville | 185125.0 | 30997.0 | 5.972 |
| IL | Champaign | 218966.0 | 36767.0 | 5.956 |
| WV | Charleston | 195667.0 | 32972.0 | 5.934 |
| FL | Naples | 346667.0 | 58498.0 | 5.926 |
| ME | Augusta | 195000.0 | 33288.0 | 5.858 |
| TN | Nashville | 198000.0 | 34009.0 | 5.822 |
| MD | Bethesda | 491440.0 | 84410.0 | 5.822 |
| OH | Toledo | 180333.0 | 30980.0 | 5.821 |
| IN | South Bend | 171850.0 | 29576.0 | 5.81 |
| TX | Amarillo | 174300.0 | 30144.0 | 5.782 |
| WY | Cheyenne | 194225.0 | 33624.0 | 5.776 |
| MO | Springfield | 159933.0 | 27705.0 | 5.773 |
| OK | Oklahoma City | 182158.0 | 31587.0 | 5.767 |
| IN | Fort Wayne | 183625.0 | 31981.0 | 5.742 |
| TX | Houston | 173512.0 | 30248.0 | 5.736 |
| MN | Edina | 367175.0 | 64127.0 | 5.726 |
| VA | Virginia Beach | 223616.0 | 39112.0 | 5.717 |
| FL | Boca Raton | 304333.0 | 53544.0 | 5.684 |
| IL | Schaumburg | 309750.0 | 54591.0 | 5.674 |
| IN | Evansville | 166565.0 | 29368.0 | 5.672 |
| TX | Corpus Christi | 168700.0 | 29855.0 | 5.651 |
| TX | Killeen | 136750.0 | 24304.0 | 5.627 |
| SD | Rapid City | 174700.0 | 31056.0 | 5.625 |
| TN | Knoxville | 145696.0 | 26131.0 | 5.576 |
| LA | Lafayette | 171750.0 | 30957.0 | 5.548 |
| AR | Fort Smith | 164125.0 | 29812.0 | 5.505 |
| IN | Indianapolis | 189488.0 | 34917.0 | 5.427 |
| TX | Lubbock | 166875.0 | 30826.0 | 5.413 |
| IA | Dubuque | 177725.0 | 32881.0 | 5.405 |
| ID | Boise | 192740.0 | 35663.0 | 5.404 |
| ME | Lewiston | 166475.0 | 30903.0 | 5.387 |
| ND | Fargo | 184262.0 | 34269.0 | 5.377 |
| FL | Pensacola | 169975.0 | 31722.0 | 5.358 |
| IL | Bloomington | 206525.0 | 38677.0 | 5.34 |
| CO | Colorado Springs | 180666.0 | 34113.0 | 5.296 |
| CO | Highlands Ranch | 327666.0 | 61928.0 | 5.291 |
| IL | Rockford | 179250.0 | 34985.0 | 5.124 |
| CT | Torrington | 220000.0 | 43081.0 | 5.107 |
| NE | Omaha | 169900.0 | 34070.0 | 4.987 |
| IA | Cedar Rapids | 187650.0 | 37769.0 | 4.968 |
| AK | Anchorage | 248491.0 | 50098.0 | 4.96 |
| NC | Charlotte | 190625.0 | 38553.0 | 4.944 |
| NC | Greensboro | 178500.0 | 36678.0 | 4.867 |
| AR | Little Rock | 166800.0 | 34347.0 | 4.856 |
| SD | Sioux Falls | 164875.0 | 34305.0 | 4.806 |
| TX | Fort Worth | 148500.0 | 30967.0 | 4.795 |
| MN | Rochester | 208847.0 | 43554.0 | 4.795 |
| IL | Naperville | 322000.0 | 67827.0 | 4.747 |
| AL | Huntsville | 188466.0 | 39961.0 | 4.716 |
| MT | Helena | 158100.0 | 33665.0 | 4.696 |
| WI | Eau Claire | 151433.0 | 32396.0 | 4.674 |
| MD | Chevy Chase | 491440.0 | 105402.0 | 4.663 |
| IL | Springfield | 168800.0 | 36516.0 | 4.623 |
| ND | Bismarck | 163850.0 | 35876.0 | 4.567 |
| MT | Great Falls | 130525.0 | 28731.0 | 4.543 |
| NH | Amherst | 296625.0 | 66491.0 | 4.461 |
| KS | Wichita | 154337.0 | 34610.0 | 4.459 |
| KY | Lexington | 155983.0 | 35936.0 | 4.341 |
| KS | Topeka | 141850.0 | 32758.0 | 4.33 |
| ND | Minot | 130300.0 | 30608.0 | 4.257 |
| OK | Tulsa | 138250.0 | 32619.0 | 4.238 |
| NJ | Cherry Hill | 257883.0 | 61080.0 | 4.222 |
| MT | Billings | 134650.0 | 31906.0 | 4.22 |
| KS | Overland Park | 206802.0 | 52412.0 | 3.946 |
| TX | Arlington | 134550.0 | 41620.0 | 3.233 |
| TX | Plano | 182900.0 | 59509.0 | 3.073 |