Housing Affordability

Texas Housing Affordability Index (THAI)

MLS Area 4th Qtr
2014
3rd Qtr
2014
4th Qtr
2013
2014 2013
Source: Real Estate Center, U.S. Department of Housing and Urban Development and Local Realtor Boards
Note: The Housing Affordability Index is the ratio of median family income to the income required to qualify for an
80 percent, fixed-rate mortgage to purchase the median-priced home. The MLS Area represents the local reporting
Realtors® association's geographical coverage area. For additional information or questions contact Jim Gaines.
Abilene 2.17 2.05 2.50 2.13 2.50
Amarillo 2.40 2.29 2.31 2.34 2.47
Arlington 2.25 2.19 2.35 2.21 2.51
Austin 1.66 1.65 1.70 1.65 1.80
Bay Area 1.98 1.98 2.04 1.98 2.17
Beaumont 2.15 2.09 2.06 2.13 2.18
Brazoria County 2.74 2.51 3.14 2.74 3.19
Brownsville 1.70 1.66 1.67 1.73 1.98
Bryan-College Station 1.75 1.76 1.76 1.79 1.87
Collin County 2.03 2.02 2.12 2.02 2.26
Corpus Christi 1.64 1.63 1.77 1.64 1.89
Dallas 1.77 1.73 1.84 1.75 1.94
Denton 2.35 2.31 2.45 2.33 2.62
El Paso 1.67 1.68 1.50 1.68 1.62
Fort Bend 2.02 1.98 2.05 2.00 2.22
Fort Worth 2.42 2.43 2.53 2.45 2.71
Galveston 2.05 2.10 2.28 2.05 2.16
Garland 2.74 2.70 2.95 2.75 3.18
Harlingen 1.81 1.82 2.11 1.84 2.27
Houston 1.82 1.78 1.89 1.80 2.02
Irving 1.73 1.70 2.17 1.86 1.96
Kerrville 1.63 1.85 1.79 1.75 1.84
Killeen-Fort Hood 2.45 2.45 2.31 2.51 2.56
Laredo 1.42 1.42 1.39 1.43 1.58
Longview-Marshall 2.10 2.11 2.06 2.09 2.09
Lubbock 2.35 2.23 2.28 2.29 2.44
Lufkin 1.78 1.77 1.95 1.81 2.10
McAllen 1.54 1.51 1.68 1.56 1.83
Midland 1.51 1.51 1.45 1.49 1.57
Montgomery County 2.00 1.89 1.97 1.93 2.11
Nacogdoches 1.96 1.91 1.97 2.05 1.94
Northeast Tarrant County 2.35 2.23 2.30 2.30 2.41
Odessa 1.71 1.78 1.67 1.79 1.77
Palestine 2.45 2.49 3.00 2.44 2.89
Paris 2.90 2.81 3.17 2.85 3.35
Port Arthur 2.53 2.52 2.47 2.47 2.55
San Angelo 1.96 1.84 1.98 1.93 2.15
San Antonio 1.73 1.69 1.82 1.73 1.96
San Marcos 2.48 2.57 2.33 2.54 2.62
Sherman-Denison 2.55 2.66 3.01 2.77 3.14
Temple-Belton 2.48 2.35 2.60 2.43 2.77
Texarkana 2.86 2.69 2.50 2.70 2.71
Tyler 1.89 1.88 2.27 1.90 2.38
Victoria 1.72 1.77 1.90 1.75 2.04
Waco 2.02 2.01 2.03 2.07 2.16
Wichita Falls 2.75 2.96 2.54 2.71 2.86
Texas 1.74 1.70 1.79 1.72 1.90
USA Total 1.59 1.51 1.64 1.56 1.73
MLS Area 4th Qtr
2014
3rd Qtr
2014
4th Qtr
2013
2014 2013
Source: Real Estate Center, U.S. Department of Housing and Urban Development and Local Realtor Boards
Note: The Housing Affordability Index is the ratio of median family income to the income required to qualify for an
80 percent, fixed-rate mortgage to purchase the median-priced home. The MLS Area represents the local reporting
Realtors® association's geographical coverage area. For additional information or questions contact Jim Gaines.
Abilene 1.83 1.67 2.13 1.80 2.06
Amarillo 1.74 1.61 1.65 1.71 1.79
Arlington 1.44 1.42 1.55 1.41 1.67
Austin 1.13 1.13 1.17 1.11 1.24
Bay Area 1.25 1.22 1.26 1.23 1.38
Beaumont 1.65 1.58 1.61 1.62 1.67
Brazoria County 1.78 1.66 2.19 1.75 2.30
Brownsville 1.01 1.14 1.05 1.00 1.23
Bryan-College Station 0.98 0.99 0.97 0.96 1.01
Collin County 1.28 1.26 1.33 1.25 1.44
Corpus Christi 1.02 1.06 1.16 1.01 1.23
Dallas 1.24 1.19 1.30 1.22 1.37
Denton 1.44 1.40 1.50 1.41 1.59
El Paso 1.02 1.05 0.91 1.01 0.98
Fort Bend 1.38 1.37 1.39 1.35 1.51
Fort Worth 1.64 1.60 1.76 1.61 1.93
Galveston 1.58 1.53 1.70 1.56 1.66
Garland 1.65 1.67 1.81 1.62 2.06
Harlingen 1.34 1.49 1.41 1.33 1.65
Houston 1.19 1.16 1.25 1.17 1.34
Irving 1.39 1.39 1.51 1.36 1.56
Kerrville 1.17 1.21 1.23 1.15 1.23
Killeen-Fort Hood 1.97 1.87 1.98 1.93 2.02
Laredo 0.84 0.90 0.87 0.84 1.02
Longview-Marshall 1.57 1.53 1.50 1.54 1.53
Lubbock 1.64 1.56 1.56 1.62 1.63
Lufkin 1.34 1.36 1.48 1.32 1.63
McAllen 1.00 0.98 1.04 0.99 1.16
Midland 0.95 0.94 0.92 0.94 1.02
Montgomery County 1.39 1.33 1.37 1.36 1.47
Nacogdoches 1.27 1.26 1.54 1.25 1.37
Northeast Tarrant County 1.52 1.49 1.51 1.49 1.60
Odessa 1.04 1.10 1.13 1.02 1.15
Palestine 2.01 1.79 2.27 1.97 2.39
Paris 2.35 2.37 2.33 2.31 2.69
Port Arthur 1.93 1.80 1.68 1.89 1.82
San Angelo 1.35 1.36 1.52 1.33 1.59
San Antonio 1.16 1.11 1.26 1.15 1.34
San Marcos 1.46 1.49 1.54 1.44 1.54
Sherman-Denison 2.11 2.30 2.50 2.07 2.71
Temple-Belton 1.91 1.78 2.17 1.87 2.26
Texarkana 2.11 1.99 1.98 2.08 2.15
Tyler 1.42 1.30 1.61 1.40 1.66
Victoria 1.12 1.30 1.40 1.10 1.48
Waco 1.64 1.44 1.62 1.61 1.64
Wichita Falls 2.38 2.31 2.23 2.34 2.29
Texas 1.18 1.15 1.23 1.16 1.32
USA Total 0.88 0.84 0.91 0.87 0.96
MLS Area 2014 2013 2012 2011 2010 2009
Source: Real Estate Center, U.S. Department of Housing and Urban Development and Local Realtor Boards
Note: The Housing Affordability Index is the ratio of median family income to the income required to qualify for an
80 percent, fixed-rate mortgage to purchase the median-priced home. The MLS Area represents the local reporting
Realtors® association's geographical coverage area. For additional information or questions contact Jim Gaines.
Abilene 2.13 2.50 2.57 2.23 2.38 2.20
Amarillo 2.34 2.47 2.48 2.30 2.26 2.14
Arlington 2.21 2.51 2.95 2.77 2.61 2.40
Austin 1.65 1.80 2.09 1.99 1.93 1.88
Bay Area 1.98 2.17 2.38 2.18 2.08 1.99
Beaumont 2.13 2.18 2.51 2.26 1.96 1.96
Brazoria County 2.74 3.19 3.39 3.16 2.88 2.67
Brownsville 1.73 1.98 1.94 1.84 1.75 1.76
Bryan-College Station 1.79 1.87 2.11 1.93 1.79 1.79
Collin County 2.02 2.26 2.64 2.53 2.43 2.41
Corpus Christi 1.64 1.89 2.13 2.01 1.87 1.78
Dallas 1.75 1.94 2.31 2.21 2.15 2.09
Denton 2.33 2.62 2.99 2.71 2.56 2.25
El Paso 1.68 1.62 1.68 1.60 1.51 1.35
Fort Bend 2.00 2.22 2.62 2.36 2.23 2.06
Fort Worth 2.45 2.71 3.27 3.13 2.94 2.74
Galveston 2.05 2.16 2.57 2.03 1.89 2.09
Garland 2.75 3.18 4.00 3.82 3.82 3.14
Harlingen 1.84 2.27 2.09 1.94 2.03 1.84
Houston 1.80 2.02 2.30 2.19 2.11 2.00
Irving 1.86 1.96 2.61 2.61 2.67 2.39
Kerrville 1.75 1.84 1.86 1.82 1.66 1.53
Killeen-Fort Hood 2.51 2.56 2.37 2.30 2.15 2.17
Laredo 1.43 1.58 1.62 2.27 2.21 2.05
Longview-Marshall 2.09 2.09 2.31 2.12 2.14 2.00
Lubbock 2.29 2.44 2.58 2.37 2.35 2.25
Lufkin 1.81 2.10 2.25 2.35 1.94 2.03
McAllen 1.56 1.83 1.82 1.64 1.63 1.55
Midland 1.49 1.57 1.80 1.81 1.78 1.69
Montgomery County 1.93 2.11 2.39 2.18 2.15 1.90
Nacogdoches 2.05 1.94 1.91 1.87 1.84 1.84
Northeast Tarrant County 2.30 2.41 2.79 2.70 2.62 1.98
Odessa 1.79 1.77 2.10 2.02 2.07 1.78
Palestine 2.44 2.89 3.09 2.94 2.80 2.50
Paris 2.85 3.35 3.37 2.83 2.88 2.47
Port Arthur 2.47 2.55 2.89 2.72 2.59 2.06
San Angelo 1.93 2.15 2.48 2.28 2.15 2.20
San Antonio 1.73 1.96 2.11 2.00 1.89 1.86
San Marcos 2.54 2.62 2.77 2.30 2.42 1.95
Sherman-Denison 2.77 3.14 3.47 3.42 3.10 3.12
Temple-Belton 2.43 2.77 2.47 2.19 2.40 2.12
Texarkana 2.70 2.71 2.83 2.51 2.50 2.15
Tyler 1.90 2.38 2.35 2.14 2.08 1.99
Victoria 1.75 2.04 2.17 2.21 2.17 2.01
Waco 2.07 2.16 2.42 2.27 2.00 2.21
Wichita Falls 2.71 2.86 3.07 2.93 2.60 2.35
Texas 1.72 1.90 2.14 2.02 1.96 1.88
USA Total 1.56 1.73 1.99 1.91 1.80 1.77
MLS Area 2014 2013 2012 2011 2010 2009
Source: Real Estate Center, U.S. Department of Housing and Urban Development and Local Realtor Boards
Note: The Housing Affordability Index is the ratio of median family income to the income required to qualify for an
80 percent, fixed-rate mortgage to purchase the median-priced home. The MLS Area represents the local reporting
Realtors® association's geographical coverage area. For additional information or questions contact Jim Gaines.
Abilene 52,500 54,900 52,900 52,200 51,700 50,500
Amarillo 63,400 62,700 58,900 58,100 56,900 55,300
Arlington 65,800 65,600 69,200 68,300 67,400 64,600
Austin 75,400 73,200 75,900 74,900 73,800 73,300
Bay Area 66,600 66,200 66,900 66,000 65,100 63,800
Beaumont 53,900 53,100 57,500 56,700 55,500 54,300
Brazoria County 75,800 78,700 77,000 76,700 73,400 71,400
Brownsville 36,000 37,300 34,100 33,700 33,500 32,900
Bryan-College Station 57,500 54,900 58,200 57,400 57,000 56,100
Collin County 99,831 99,205 101,505 104,473 103,422 99,600
Corpus Christi 52,600 52,700 54,200 54,000 51,900 50,200
Dallas 67,900 67,500 70,100 69,100 68,300 67,600
Denton 89,476 88,915 90,977 85,225 84,368 74,480
El Paso 44,800 42,000 41,700 41,100 40,900 37,200
Fort Bend 98,528 94,942 95,946 91,893 90,640 82,270
Fort Worth 65,800 65,600 69,200 68,300 67,400 64,600
Galveston 77,726 74,897 75,689 67,013 66,099 56,540
Garland 67,900 67,500 70,100 69,100 68,300 67,600
Harlingen 36,000 37,300 34,100 33,700 33,500 32,900
Houston 66,600 66,200 66,900 66,000 65,100 63,800
Irving 67,900 67,500 70,100 69,100 68,300 67,600
Kerrville 56,939 55,900 54,000 54,419 52,067 50,700
Killeen-Fort Hood 58,900 59,900 56,700 55,900 54,900 54,000
Laredo 39,000 40,300 39,600 55,600 54,500 52,000
Longview-Marshall 55,300 54,200 56,400 55,600 54,500 52,000
Lubbock 58,900 56,700 55,600 54,900 54,600 52,900
Lufkin 45,900 48,600 50,000 49,300 49,200 49,400
McAllen 35,000 38,500 34,200 33,700 33,200 32,000
Midland 70,200 65,100 66,900 66,000 63,000 60,200
Montgomery County 84,777 81,692 82,555 78,903 77,827 70,695
Nacogdoches 55,900 47,600 48,200 47,500 48,400 47,100
Northeast Tarrant County 87,423 82,913 87,596 89,557 88,375 66,260
Odessa 60,300 52,300 56,500 55,700 53,200 49,000
Palestine 54,200 55,500 52,800 52,100 48,000 46,900
Paris 52,500 52,400 49,500 48,800 49,400 48,500
Port Arthur 53,900 53,100 57,500 56,700 55,500 54,300
San Angelo 56,100 55,300 55,700 55,000 51,800 52,400
San Antonio 58,800 61,300 60,800 59,900 57,800 57,200
San Marcos 77,427 75,168 75,900 68,107 67,107 59,070
Sherman-Denison 58,700 61,700 59,800 59,000 57,600 57,900
Temple-Belton 58,900 59,900 56,700 55,900 54,900 54,000
Texarkana 53,300 57,300 51,900 51,200 50,700 49,500
Tyler 54,600 64,200 58,700 57,900 56,200 55,300
Victoria 54,200 56,400 56,700 56,300 55,600 53,700
Waco 51,700 50,000 54,700 54,000 51,900 51,700
Wichita Falls 54,900 54,400 55,800 55,000 53,200 50,300
Texas 60,300 60,100 60,300 59,500 58,600 57,400
USA Total 63,900 64,400 65,000 64,200 64,000 64,000
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