In 2022, the annual salary needed to buy a median priced home in the United States was ****** U.S. dollars. However, in some of the largest metropolitan areas in the United States where housing prices are up to *** or ***** times higher, homebuyers would have to earn more than 100,000 U.S. dollars to afford a home. In San Jose, which was the most expensive metro in 2022, the annual salary needed for a median home was approximately ******* U.S. dollars.

In 2024, the median income range between of more than 200,000 U.S. dollars was the largest share of homebuyers in the United States that year. Among them, almost ** percent were between 26 and 59 years old. The income range between 100,000 and 124,999 U.S. dollars was the second one with the largest share of homebuyers in the United States that year. Among them, ** percent were between 18 and 34 years old.

The house price to income ratio in the United States has reached concerning levels, with the index hitting ***** in the fourth quarter of 2024. This indicates that house prices have outpaced income growth by over ** percent since 2015, highlighting a growing affordability crisis in the housing market. The widening gap between home prices and wages is putting homeownership out of reach for many Americans, particularly as real wages have remained stagnant. Rising home prices and stagnant wages While average annual real wages in the United States have increased slightly since 2014, home prices have soared. The median sales price of existing single-family homes reached a record-high in 2024, representing a substantial increase over the past five years. This disparity between wage growth and home price appreciation has led to a significant decrease in housing affordability across the country. Affordability challenges in the U.S. housing market The U.S. Housing Affordability Index, which measures whether a family earning the median income can afford a median-priced home, plummeted in 2024, marking the second-worst year for homebuyers since records began. This decline in affordability is reflected in homebuyer sentiment, with homebuyer sentiment plummeting.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

United States US: Price to Income Ratio: sa data was reported at 130.892 2015=100 in 2024. This records an increase from the previous number of 129.315 2015=100 for 2023. United States US: Price to Income Ratio: sa data is updated yearly, averaging 113.539 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 132.929 2015=100 in 1979 and a record low of 90.287 2015=100 in 2012. United States US: Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

This statistic shows the share of average wages needed to buy a median priced home in the United States from the first quarter of 2005 to the third quarter of 2018. In the third quarter of 2018, the average earner needed to spend ** percent of their wages to buy a median-priced home in the United States.

This map uses a two-color thematic shading to emphasize where areas experience the least to the most affordable housing across the US. This web map is part of the How Affordable is the American Dream story map.

Esri’s Housing Affordability Index (HAI) is a powerful tool to analyze local real estate markets. Esri’s housing affordability index measures the financial ability of a typical household to purchase an existing home in an area. A HAI of 100 represents an area that on average has sufficient household income to qualify for a loan on a home valued at the median home price. An index greater than 100 suggests homes are easily afforded by the average area resident. A HAI less than 100 suggests that homes are less affordable. The housing affordability index is not applicable in areas with no households or in predominantly rental markets . Esri’s home value estimates cover owner-occupied homes only. For a full demographic analysis of US growth refer to Esri's Trending in 2017: The Selectivity of Growth.

The pop-up is configured to show the following 2017 demographics for each County and ZIP Code:

Total Households 2010-17 Annual Pop Change Median Age Percent Owner-Occupied Housing Units Median Household Income Median Home Value Housing Affordability Index Share of Income to Mortgage

The Average Salary chart presents a clear visualization of the salary progression for graduates from Arkansas State University-Mountain Home from 2020 to 2023, illustrating the yearly average salary trends. Additionally, the chart compares these figures with the overall average salary trends of graduates from all schools, providing a comprehensive view of how Arkansas State University-Mountain Home’s graduates stand in terms of earning potential relative to their peers nationwide. This data is crucial for prospective students assessing the ROI of their education at Arkansas State University-Mountain Home.

Context

Discovering how mobile the massage therapy business is and pulled other information from the web on all 50 states gathered from the first 5 pages of yellowpages.com, apartments.com, indeed.com and some cities that were the 10 top populated cities in each state to pull these business and job listings, with functions created to calculated the advertised hourly or annual salary in all listings per city then sum up per state. R was used entirely for this project. https://github.com/JanJanJan2018/LMT-State-Licensing-Database has most of the documents and scripts that were used. Many jobs and businesses available. Most businesses are from July 27, 2020 and the jobs are from August 12,2020. The median income is from data.census.gov for 2018 data. Chiropractors, massage therapists or LMTs for licensed ...., physical therapists, nurses, medical doctors, auto body repair technician, personal trainer, cashier, warehouse, tutor, nanny, housecleaner, clerical, data analyst, data scientist, remote, etc for jobs, and businesses include yellow page listings for jails, colleges, coffee shops, convalescent homes, wellness centers, massage spas, tanning shops, chiropractic businesses, collision repair shops, etc. The yellow pages listings take all day for the script to grab, so it isn't used as frequently, the apartment listings are quick and done as often as the indeed scrapes. The apartment prices are the average of the minimum range, maximum range, and average of the two per city of the 10 most populated cities in each state last pulled August 12, 2020.

Content

see above

Acknowledgements

available internet data from indeed, yellowpages, apartments .com and census data from data.gov

Inspiration

Dumbing down the quality of work people think they are too expensive for so I can get a job. Make the higher ups work that much less valuable, while exploring concepts and staying educated and up to date and relevant.

The shortfall indicates the amount by which an average renter’s rent is lacking in order to afford a two bedroom house in that state. In 2021, Hawaii had the largest shortfall of ***** U.S. dollars followed by California with a shortfall of ***** U.S. dollars which makes them the most unaffordable states for an average renter to acquire a two bedroom housing.

United States - Consumer Price Index for All Urban Wage Earners and Clerical Workers: Lodging Away from Home in U.S. City Average was 187.81300 Index Dec 1997=100 in November of 2021, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Wage Earners and Clerical Workers: Lodging Away from Home in U.S. City Average reached a record high of 187.81300 in November of 2021 and a record low of 107.10000 in March of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Wage Earners and Clerical Workers: Lodging Away from Home in U.S. City Average - last updated from the United States Federal Reserve on August of 2025.

This statistic shows the average nursing home revenue and net income comparing the states of Arizona and Florida to the national average, as of 2015. As of that year, nursing homes in Arizona generated an average of 12.03 million U.S. dollars in revenue. Among Americans over the age of 65, almost 70 percent will require long-term care. As the U.S. senior population grows, there will be increased pressure from the quantity and quality of long-term health care facilities.

Graph and download economic data for Housing Affordability Index (Fixed) (FIXHAI) from May 2024 to May 2025 about fixed, housing, indexes, and USA.

IMPORTANT! PLEASE READ DISCLAIMER BEFORE USING DATA. To reduce the energy burden on income-qualified households within New York State, NYSERDA offers the EmPower New York (EmPower) program, a retrofit program that provides cost-effective electric reduction measures (i.e., primarily lighting and refrigerator replacements), and cost-effective home performance measures (i.e., insulation air sealing, heating system repair and replacments, and health and safety measures) to income qualified homeowners and renters. Home assessments and implementation services are provided by Building Performance Institute (BPI) Goldstar contractors to reduce energy use for low income households. This data set includes energy efficiency projects completed since January 2018 for households with income up to 60% area (county) median income.

D I S C L A I M E R: Estimated Annual kWh Savings, Estimated Annual MMBtu Savings, and First Year Energy Savings $ Estimate represent contractor reported savings derived from energy modeling software calculations and not actual realized energy savings. The accuracy of the Estimated Annual kWh Savings and Estimated Annual MMBtu Savings for projects has been evaluated by an independent third party. The results of the impact analysis indicate that, on average, actual savings amount to 54 percent of the Estimated Annual kWh Savings and 70 percent of the Estimated Annual MMBtu Savings. The analysis did not evaluate every single project, but rather a sample of projects from 2007 and 2008, so the results are applicable to the population on average but not necessarily to any individual project which could have over or under achieved in comparison to the evaluated savings. The results from the impact analysis will be updated when more recent information is available. Some reasons individual households may realize savings different from those projected include, but are not limited to, changes in the number or needs of household members, changes in occupancy schedules, changes in energy usage behaviors, changes to appliances and electronics installed in the home, and beginning or ending a home business. For more information, please refer to the Evaluation Report published on NYSERDA’s website at: https://www.nyserda.ny.gov/-/media/Files/Publications/PPSER/Program-Evaluation/2012ContractorReports/2012-EmPower-New-York-Impact-Report.pdf.

This dataset includes the following data points for projects completed after January 1, 2018: Reporting Period, Project ID, Project County, Project City, Project ZIP, Gas Utility, Electric Utility, Project Completion Date, Total Project Cost (USD), Pre-Retrofit Home Heating Fuel Type, Year Home Built, Size of Home, Number of Units, Job Type, Type of Dwelling, Measure Type, Estimated Annual kWh Savings, Estimated Annual MMBtu Savings, First Year Modeled Energy Savings $ Estimate (USD).

Graph and download economic data for Personal Taxes: State and Local Income Taxes by Housing Tenure: Home Owner (CXUSTATETAXLB1702M) from 1984 to 2023 about state & local, homeownership, tax, government, personal, income, housing, and USA.

In 2024, households in California needed an hourly wage of over 47 U.S. dollars to afford the rent of a two-bedroom apartment. Massachusetts had the second-least affordable two-bedroom apartments, as a household would have to earn at least around 45 U.S. dollars per hour in order to afford rent payments. These figures are considerably higher than the average minimum wage in place in many states. There was no state in which a minimum wage worker could afford rent for the average two-bedroom apartment, if they only worked 40 hours a week. Where are the least affordable counties and metros? The least affordable rents were predominately in Californian counties and metropolitan areas in 2024. District of Columbia has one of the highest minimum wages in the country, which stood at 17 U.S. dollars per hour as of January 2024. Thus, the affordability of two-bedroom apartments highlights how disproportionately high housing costs are in the state.

The median income of homebuyers in the United States grew steadily over the last decade, despite a brief drop in 2021. In 2023, the median income of reached ******* U.S. dollars. This was an increase of over ****** U.S. dollars in just 10 years.

Graph and download economic data for Mortgage Debt Service Payments as a Percent of Disposable Personal Income (MDSP) from Q1 1980 to Q1 2025 about disposable, payments, mortgage, debt, personal income, percent, personal, services, income, and USA.

In 2021, the typical home sale generated over ******* U.S. dollars for the local economy in Hawaii. That includes income generated from real estate industries, expenditures related to the home purchase, new home production and the economic effect of the income earned in other sectors re-circulating the local economy. During the same year, a home sale in Arkansas only generated about ****** U.S. dollars in income for the economy.

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.