Department of Numbers

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 3.64 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

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