Department of Numbers

This section of Department of Numbers is no longer being updated and may be removed in the future. The data here is out of date and should no longer be used.

Home Affordability Ratios by State

Using FHFA home price statistics along with Census income and annual rent data, we can compare price-to-income and price-to-rent ratios for the the following states. The number reflects FHFA home prices through June 2010, the latest quarterly data available. Click on a state below for more detail or check out all the other housing affordability metrics avaiable.

Home Income and Rent Ratios by State

State FHFA Price-to-Income
(Dollar Ratio)		 FHFA Adj. Price-to-Rent
(Dollar Ratio)
US 3.66 19.50
Alabama 3.15 21.94
Alaska 4.15 19.83
Arizona 3.12 17.49
Arkansas 3.13 20.97
California 6.06 24.94
Colorado 3.60 22.04
Connecticut 4.02 22.61
Delaware 3.92 21.72
District of Columbia 7.28 28.73
Florida 3.27 15.24
Georgia 2.93 16.61
Hawaii 8.54 30.89
Idaho 2.99 18.54
Illinois 3.00 15.66
Indiana 2.45 15.57
Iowa 2.40 16.55
Kansas 2.57 16.56
Kentucky 3.16 21.35
Louisiana 3.86 21.07
Maine 3.64 19.99
Maryland 4.00 19.89
Massachusetts 5.00 23.30
Michigan 2.08 12.02
Minnesota 3.12 16.61
Mississippi 3.33 21.66
Missouri 2.68 17.61
Montana 4.30 24.39
Nebraska 2.28 15.74
Nevada 2.98 15.70
New Hampshire 3.31 18.77
New Jersey 4.45 21.43
New Mexico 3.57 21.12
New York 4.93 20.06
North Carolina 3.53 21.68
North Dakota 2.60 17.04
Ohio 2.47 15.88
Oklahoma 2.74 18.76
Oregon 4.10 22.47
Pennsylvania 3.17 17.41
Rhode Island 4.44 21.60
South Carolina 3.26 20.42
South Dakota 3.42 21.63
Tennessee 3.20 18.22
Texas 2.84 15.59
Utah 3.42 20.59
Vermont 3.65 19.29
Virginia 3.80 21.04
Washington 4.42 23.30
West Virginia 3.02 22.26
Wisconsin 3.05 17.84
Wyoming 3.50 25.40

Data on deptofnumbers.com is for informational purposes only. No warranty or guarantee of accuracy is offered or implied. Contact ben@deptofnumbers.com (or @deptofnumbers on Twitter) if you have any questions, comments or suggestions. Privacy policy.