Saturday, August 30, 2014

Top Ten Least Affordable US Cities for Housing

Metro
July 2014
Zillow
Home Value
Index
Q2 2014
Median
Income
Share of
Income
Needed
to Afford
Median
Home,
Currently
Share of
Income
Needed to
Afford
Median
Home,
Historically
(1985-1999)
Los Angeles,
CA
$529,200$59,42442.6%35.20%
San Francisco,
CA
$688,600$76,23942.6%37.70%
San Jose,
CA
$803,900$96,86839.5%34.90%
San Diego,
CA
$467,700$62,66335.5%32.90%
New York/
Northern
New Jersey
$374,700$68,62525.8%31.60%
Sacramento,
CA
$321,300$58,46625.6%29.30%
Riverside,
CA
$277,100$53,54924.5%25.20%
Boston,
MA
$362,300$74,50523%27.80%
Seattle,
WA
$333,000$69,71122.7%25.60%
Portland,
OR
$274,300$59,15921.8%22.70%
Source: Zillow

(Table via CNBC)

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