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  <title>San Angelo, Texas Home Affordability</title>
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    <title>San Angelo, Texas Home Affordability</title>
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    <id>tag:www.deptofnumbers.com,2012-01-19:/affordability/texas/san-angelo</id>
    <published>2012-01-19T20:34:29-08:00</published>
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<p>The data below measures home affordability for the San Angelo, Texas metropolitan area using <a href="#price-to-income">price-to-income</a> and <a href="#price-to-rent">price-to-rent</a> metrics.<sup><a href="#f-1">1</a></sup>  The <a href="#maximum-affordable-loan">maximum affordable loan</a> amount for the median household income is also calculated.  You can also <a href="http://www.deptofnumbers.com/affordability/metros/">compare San Angelo home affordability to other cities</a>.</p>

<p><b>San Angelo, Texas Home Price-to-Income Ratios</b></p>
<p> The second chart shows a history of the ratio as an index calculated from the <a href="http://www.fhfa.gov/">Federal Housing Finance Agency's</a> San Angelo HPI series.  Median household income data for San Angelo is from the <a href="http://www.census.gov/acs/www/index.html">Census American Community Survey</a>.</p> 
<p><b>Price-to-Income Index Ratio: FHFA</b></p>
<img src="http://chart.apis.google.com/chart?chxt=x,y&cht=lc&chs=594x200&chxs=0,666666,11,.3|1,666666,11,-1&chd=s:ehhh________________knnrx002qtuwqssuy0004345535&chxl=0:|2000||||2001||||2002||||2003||||2004||||2005||||2006||||2007||||2008||||2009||||2010||||2011|||1:|50|70|90|110|130|150...&chg=8.70,20.00,1,2,0.00,0&chco=0000cc" />
<p><b>Note:</b> Index set to 100 in Q1 of 2000</p>
<p><b>San Angelo, Texas Home Price-to-Income Ratio History</b></p>
 <table summary="">
 <thead>
  <tr>
   <th>Date</th>
     <th>FHFA (Index Ratio)</th>
  </tr>
 </thead>
 <tbody>
  <tr >
    <td>September 2011</td>
      <td>143.3</td>
   </tr>
  <tr >
    <td>June 2011</td>
      <td>140.7</td>
   </tr>
  <tr >
    <td>March 2011</td>
      <td>143.2</td>
   </tr>
  <tr >
    <td>December 2010</td>
      <td>144.2</td>
   </tr>
  <tr >
    <td>September 2010</td>
      <td>142.4</td>
   </tr>
  <tr >
    <td>June 2010</td>
      <td>140.8</td>
   </tr>
  <tr >
    <td>March 2010</td>
      <td>141.7</td>
   </tr>
  <tr >
    <td>December 2009</td>
      <td>134.8</td>
   </tr>
  <tr >
    <td>September 2009</td>
      <td>135.0</td>
   </tr>
 </tbody>
</table>

<p><b>San Angelo, Texas Home Price-to-Rent Ratios</b></p>
<p> The chart below shows an index of the rent ratio calculated from the metro FHFA HPI series and the San Angelo median contract rent data from the Census ACS.</p> 
<p><b>Price-to-Rent Index Ratio: FHFA</b></p>
<img src="http://chart.apis.google.com/chart?chxt=x,y&cht=lc&chs=594x200&chxs=0,666666,11,.3|1,666666,11,-1&chd=s:ehhh________________lonsnpqsmpqrrtsvnpoosstutst&chxl=0:|2000||||2001||||2002||||2003||||2004||||2005||||2006||||2007||||2008||||2009||||2010||||2011|||1:|50|70|90|110|130|150...&chg=8.70,20.00,1,2,0.00,0&chco=0000cc" />
<p><b>Note:</b> Index set to 100 in Q1 of 2000</p>
<p><b>San Angelo, Texas Home Price-to-Rent Ratio History</b></p>
 <table summary="">
 <thead>
  <tr>
   <th>Date</th>
     <th>FHFA (Index Ratio)</th>
  </tr>
 </thead>
 <tbody>
  <tr >
    <td>September 2011</td>
      <td>124.3</td>
   </tr>
  <tr >
    <td>June 2011</td>
      <td>122.0</td>
   </tr>
  <tr >
    <td>March 2011</td>
      <td>124.2</td>
   </tr>
  <tr >
    <td>December 2010</td>
      <td>125.0</td>
   </tr>
  <tr >
    <td>September 2010</td>
      <td>123.5</td>
   </tr>
  <tr >
    <td>June 2010</td>
      <td>122.1</td>
   </tr>
  <tr >
    <td>March 2010</td>
      <td>122.9</td>
   </tr>
  <tr >
    <td>December 2009</td>
      <td>115.9</td>
   </tr>
  <tr >
    <td>September 2009</td>
      <td>116.1</td>
   </tr>
 </tbody>
</table>


<p><b>San Angelo, Texas Inferred Affordable Mortgage</b></p>
<p>The inferred affordable mortgage value is determined by taking the median household income for San Angelo, Texas and calculating the mortgage 30% of that income could afford. Traditionally, 30% of income is the maximum amount a homeowner could use towards a home loan. Inferred affordable loan values are calculated from ACS median household income and average monthly mortgage rates.</p>
<p><b>Inferred Affordable Mortgage</b></p>
<img src="http://chart.apis.google.com/chart?chxt=x,y&cht=lc&chs=594x200&chxs=0,666666,11,.3|1,666666,11,-1&chd=s:RRRRQRRRRSSS________________________________________________ZZYZZZZZZYXYWWWVVVVVVWWWZZaaZYYZZZZacccccbbacbbedddedcccddddbbbbbcdddedccbcccddeeef&chxl=0:|2000||||||||||||2001||||||||||||2002||||||||||||2003||||||||||||2004||||||||||||2005||||||||||||2006||||||||||||2007||||||||||||2008||||||||||||2009||||||||||||2010||||||||||||2011|||||||||||1:|$0|$100,000|$200,000|$300,000|$400,000&chg=8.45,25.00,1,2,0.00,0&chco=0000cc" />
<p><b>San Angelo, Texas Inferred Affordable Mortgage History</b></p>
 <table summary="Inferred maximum affordable loan amounts for San Angelo, Texas over the past year.">
 <thead>
  <tr>
   <th>Date</th>
     <th>Inferred Mortgage</th>
  </tr>
 </thead>
 <tbody>
  <tr >
    <td>November 2011</td>
      <td>$200,455</td>
   </tr>
  <tr >
    <td>October 2011</td>
      <td>$198,531</td>
   </tr>
  <tr >
    <td>September 2011</td>
      <td>$197,580</td>
   </tr>
  <tr >
    <td>August 2011</td>
      <td>$193,840</td>
   </tr>
  <tr >
    <td>July 2011</td>
      <td>$187,546</td>
   </tr>
  <tr >
    <td>June 2011</td>
      <td>$188,426</td>
   </tr>
  <tr >
    <td>May 2011</td>
      <td>$185,588</td>
   </tr>
  <tr >
    <td>April 2011</td>
      <td>$181,346</td>
   </tr>
  <tr >
    <td>March 2011</td>
      <td>$181,346</td>
   </tr>
  <tr >
    <td>February 2011</td>
      <td>$179,075</td>
   </tr>
  <tr >
    <td>January 2011</td>
      <td>$183,025</td>
   </tr>
  <tr >
    <td>December 2010</td>
      <td>$184,086</td>
   </tr>
  <tr >
    <td>November 2010</td>
      <td>$193,151</td>
   </tr>
 </tbody>
</table>
<div>
 <p>1. Specifically, home prices are from the non seasonally adjusted <a href="http://www.fhfa.gov/Default.aspx?Page=87">FHFA</a> all-transactions quarterly series. Dollar ratios are calculated using <a href="http://www.realtor.org/research/research/metroprice">NAR metro prices</a> when available.  Rent and income data are from the <a href="http://www.census.gov/acs/">Census ACS</a> and are carried forward into the following year prior to release of the new data. <a href="#r-1">&#8617;</a></p>
</div>
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