Many Americans continue to find homeownership financially out of reach due to rising house prices and stagnant wages, among other contributing factors. But which U.S. cities are the least affordable?
One way to assess housing affordability is through the home price-to-income ratio, which measures the ratio of the median home price to the median household income.
This map shows the home price-to-income ratio of 54 large cities (population over one million) in the U.S. using data from Construction Coverage’s analysis of Zillow and U.S. Census Bureau data.
The coasts have always been expensive. Midwest seems like the final frontier.
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It's very clear from this graph!
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Im surprised Chicago is so affordable.
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