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This section of Department of Numbers is no longer being updated and may be removed in the future. The data here is out of date and should no longer be used.

Pueblo, Colorado Home Affordability

The data below measures home affordability for the Pueblo, Colorado 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 Pueblo home affordability to other cities.

Pueblo, Colorado 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 Pueblo HPI series. Median household income data for Pueblo is from the Census American Community Survey.

Price-to-Income Index Ratio: FHFA

Note: Index set to 100 in Q1 of 2000

Pueblo, Colorado Home Price-to-Income Ratio History

Date FHFA (Index Ratio)
December 2013 92.6
September 2013 92.1
June 2013 91.8
March 2013 91.5
December 2012 92.7
September 2012 91.3
June 2012 91.4
March 2012 90.9

Pueblo, Colorado Home Price-to-Rent Ratios

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

Price-to-Rent Index Ratio: FHFA

Note: Index set to 100 in Q1 of 2000

Pueblo, Colorado Home Price-to-Rent Ratio History

Date FHFA (Index Ratio)
December 2013 83.3
September 2013 82.8
June 2013 82.6
March 2013 82.3
December 2012 83.4
September 2012 82.2
June 2012 82.2
March 2012 81.8

Pueblo, Colorado Inferred Affordable Mortgage

The inferred affordable mortgage value is determined by taking the median household income for Pueblo, Colorado 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

Pueblo, Colorado Inferred Affordable Mortgage History

Date Inferred Mortgage
February 2014 $208,448
January 2014 $205,269
December 2013 $204,546
November 2013 $209,440
October 2013 $211,195
September 2013 $203,826
August 2013 $204,546
July 2013 $206,727
June 2013 $214,254
May 2013 $228,582
April 2013 $231,155
March 2013 $227,734
February 2013 $228,866

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. ↩

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