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This section of Department of Numbers is no longer being updated and may be removed in the future. The data here is out of date and should no longer be used.

Yuba City, California Home Affordability

The data below measures home affordability for the Yuba City, California metropolitan area using price-to-income and price-to-rent metrics.1 The maximum affordable loan amount for the median household income is also calculated. You can also compare Yuba City home affordability to other cities.

Yuba City, California Home Price-to-Income Ratios

The second chart shows a history of the ratio as an index calculated from the Federal Housing Finance Agency's Yuba City HPI series. Median household income data for Yuba City is from the Census American Community Survey.

Price-to-Income Index Ratio: FHFA

Note: Index set to 100 in Q1 of 2000

Yuba City, California Home Price-to-Income Ratio History

Date FHFA (Index Ratio)
December 2013 115.5
September 2013 111.2
June 2013 103.4
March 2013 98.1
December 2012 96.3
September 2012 94.1
June 2012 92.8
March 2012 92.7

Yuba City, California Home Price-to-Rent Ratios

The chart below shows an index of the rent ratio calculated from the metro FHFA HPI series and the Yuba City median contract rent data from the Census ACS.

Price-to-Rent Index Ratio: FHFA

Note: Index set to 100 in Q1 of 2000

Yuba City, California Home Price-to-Rent Ratio History

Date FHFA (Index Ratio)
December 2013 84.0
September 2013 80.9
June 2013 75.2
March 2013 71.3
December 2012 70.0
September 2012 68.5
June 2012 67.5
March 2012 67.5

Yuba City, California Inferred Affordable Mortgage

The inferred affordable mortgage value is determined by taking the median household income for Yuba City, California 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.

Inferred Affordable Mortgage

Yuba City, California Inferred Affordable Mortgage History

Date Inferred Mortgage
February 2014 $230,595
January 2014 $227,078
December 2013 $226,278
November 2013 $231,693
October 2013 $233,634
September 2013 $225,483
August 2013 $226,278
July 2013 $228,691
June 2013 $237,018
May 2013 $252,869
April 2013 $255,715
March 2013 $251,931
February 2013 $253,183

1. Specifically, home prices are from the non seasonally adjusted FHFA all-transactions quarterly series. Dollar ratios are calculated using NAR metro prices when available. Rent and income data are from the Census ACS and are carried forward into the following year prior to release of the new data. ↩

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.