Housing Affordability

Texas Housing Affordability Index (THAI)

MLS Area 4th Qtr
2013
3rd Qtr
2013
4th Qtr
2012
2013 2012
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 2.50 2.24 2.81 2.50 2.57
Amarillo 2.31 2.25 2.66 2.47 2.48
Arlington 2.35 2.32 3.16 2.51 2.95
Austin 1.70 1.71 2.20 1.80 2.09
Bay Area 2.04 2.02 2.48 2.17 2.38
Beaumont 2.06 2.01 2.58 2.18 2.51
Brazoria County 3.14 2.95 3.45 3.19 3.39
Brownsville 1.67 1.99 1.85 1.98 1.94
Bryan-College Station 1.76 1.78 2.25 1.87 2.11
Collin County 2.12 2.14 2.74 2.26 2.64
Corpus Christi 1.77 1.74 2.18 1.89 2.13
Dallas 1.84 1.80 2.40 1.94 2.31
Denton 2.45 2.45 3.08 2.62 2.99
El Paso 1.50 1.53 1.69 1.62 1.68
Fort Bend 2.05 2.09 2.66 2.22 2.62
Fort Worth 2.53 2.52 3.38 2.71 3.27
Galveston 2.28 2.06 2.56 2.16 2.57
Garland 2.95 2.91 3.88 3.18 4.00
Harlingen 2.11 2.07 1.90 2.27 2.09
Houston 1.89 1.88 2.35 2.02 2.30
Irving 2.17 1.76 2.76 1.96 2.61
Kerrville 1.79 1.64 1.91 1.84 1.86
Killeen-Fort Hood 2.31 2.52 2.45 2.56 2.37
Laredo 1.39 1.44 1.65 1.58 1.62
Longview-Marshall 2.06 1.94 2.48 2.09 2.31
Lubbock 2.28 2.28 2.62 2.44 2.58
Lufkin 1.95 1.99 2.30 2.10 2.25
McAllen 1.68 1.68 1.85 1.83 1.82
Midland 1.45 1.42 1.80 1.57 1.80
Montgomery County 1.97 1.98 2.50 2.11 2.39
Nacogdoches 1.97 1.89 1.80 1.94 1.91
Northeast Tarrant County 2.30 2.25 2.97 2.41 2.79
Odessa 1.67 1.61 2.15 1.77 2.10
Palestine 3.00 2.36 2.80 2.89 3.09
Paris 3.17 3.15 3.78 3.35 3.37
Port Arthur 2.47 2.40 3.00 2.55 2.89
San Angelo 1.98 2.05 2.41 2.15 2.48
San Antonio 1.82 1.82 2.22 1.96 2.11
San Marcos 2.33 2.49 2.64 2.62 2.77
Sherman-Denison 3.01 2.88 3.49 3.14 3.47
Temple-Belton 2.60 2.64 2.62 2.77 2.47
Texarkana 2.50 2.60 2.83 2.71 2.83
Tyler 2.27 2.24 2.45 2.38 2.35
Victoria 1.90 1.89 2.13 2.04 2.17
Waco 2.03 2.04 2.50 2.16 2.42
Wichita Falls 2.54 2.62 3.38 2.86 3.07
Texas 1.79 1.77 2.21 1.90 2.14
USA Total 1.64 1.58 2.06 1.73 1.99
MLS Area 4th Qtr
2013
3rd Qtr
2013
4th Qtr
2012
2013 2012
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 381.34 - 1.91 - 1.91
Amarillo 471.94 - 1.64 - 1.64
Arlington 485.71 - 1.82 - 1.82
Austin 748.15 - 1.30 - 1.30
Bay Area 563.23 - 1.54 - 1.54
Beaumont 448.62 - 1.45 - 1.45
Brazoria County 435.97 - 2.32 - 2.32
Brownsville 388.37 - 1.22 - 1.22
Bryan-College Station 540.91 - 1.09 - 1.09
Collin County 814.97 - 1.56 - 1.56
Corpus Christi 516.91 - 1.27 - 1.27
Dallas 638.50 - 1.82 - 1.82
Denton 630.49 - 1.47 - 1.47
El Paso 485.81 - 0.86 - 0.86
Fort Bend 803.27 - 1.70 - 1.70
Fort Worth 450.35 - 2.30 - 2.30
Galveston 570.64 - 2.40 - 2.40
Garland 397.64 - 2.22 - 2.22
Harlingen 306.50 - 1.56 - 1.56
Houston 608.68 - 1.62 - 1.62
Irving 540.42 - 1.91 - 1.91
Kerrville 544.29 - 2.91 - 2.91
Killeen-Fort Hood 449.97 - 1.60 - 1.60
Laredo 504.30 - 0.99 - 0.99
Longview-Marshall 458.08 - 1.70 - 1.70
Lubbock 431.55 - 1.59 - 1.59
Lufkin 433.40 - 1.48 - 1.48
McAllen 398.35 - 1.08 - 1.08
Midland 781.62 - 1.07 - 1.07
Montgomery County 720.11 - 1.45 - 1.45
Nacogdoches 420.22 - 1.28 - 1.28
Northeast Tarrant County 626.82 - 1.37 - 1.37
Odessa 545.98 - 1.22 - 1.22
Palestine 321.58 - 2.00 - 2.00
Paris 287.56 - 2.67 - 2.67
Port Arthur 374.03 - 1.55 - 1.55
San Angelo 485.13 - 1.57 - 1.57
San Antonio 584.11 - 1.36 - 1.36
San Marcos 561.20 - 1.31 - 1.31
Sherman-Denison 356.61 - 3.53 - 3.53
Temple-Belton 399.94 - 1.62 - 1.62
Texarkana 398.58 - 1.68 - 1.68
Tyler 492.57 - 1.70 - 1.70
Victoria 516.91 - 1.57 - 1.57
Waco 428.33 - 1.98 - 1.98
Wichita Falls 372.89 - 2.04 - 2.04
Texas 583.51 - 1.41 - 1.41
USA Total 681.92 - 1.01 - 1.01
MLS Area 2013 2012 2011 2010 2009 2008
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 2.50 2.57 2.67 2.86 2.20 2.01
Amarillo 2.47 2.48 2.76 2.71 2.14 1.84
Arlington 2.51 2.95 3.32 3.13 2.40 2.11
Austin 1.80 2.09 2.38 2.31 1.88 1.56
Bay Area 2.17 2.38 2.61 2.49 1.99 1.67
Beaumont 2.18 2.51 2.71 2.35 1.96 1.68
Brazoria County 3.19 3.39 3.79 3.46 2.67 2.16
Brownsville 1.98 1.94 2.21 2.10 1.76 1.44
Bryan-College Station 1.87 2.11 2.31 2.15 1.79 1.64
Collin County 2.26 2.64 3.04 2.92 2.41 2.08
Corpus Christi 1.89 2.13 2.42 2.24 1.78 1.46
Dallas 1.94 2.31 2.65 2.58 2.09 1.77
Denton 2.62 2.99 3.25 3.07 2.25 1.98
El Paso 1.62 1.68 1.92 1.81 1.35 1.17
Fort Bend 2.22 2.62 2.83 2.68 2.06 1.92
Fort Worth 2.71 3.27 3.75 3.53 2.74 2.35
Galveston 2.16 2.57 2.44 2.27 2.09 1.33
Garland 3.18 4.00 4.58 4.58 3.14 2.71
Harlingen 2.27 2.09 2.33 2.44 1.84 1.55
Houston 2.02 2.30 2.63 2.53 2.00 1.72
Irving 1.96 2.61 3.13 3.20 2.39 1.88
Kerrville 1.84 1.86 2.18 1.99 1.53 -
Killeen-Fort Hood 2.56 2.37 2.76 2.58 2.17 1.88
Laredo 1.58 1.62 2.72 2.66 2.05 1.75
Longview-Marshall 2.09 2.31 2.55 2.57 2.00 1.71
Lubbock 2.44 2.58 2.85 2.82 2.25 1.93
Lufkin 2.10 2.25 2.82 2.33 2.03 1.95
McAllen 1.83 1.82 1.97 1.96 1.55 1.34
Midland 1.57 1.80 2.18 2.14 1.69 1.39
Montgomery County 2.11 2.39 2.62 2.58 1.90 1.72
Nacogdoches 1.94 1.91 2.24 2.21 1.84 1.56
Northeast Tarrant County 2.41 2.79 3.24 3.14 1.98 1.69
Odessa 1.77 2.10 2.42 2.48 1.78 1.63
Palestine 2.89 3.09 3.53 3.36 2.50 2.05
Paris 3.35 3.37 3.39 3.46 2.47 2.32
Port Arthur 2.55 2.89 3.27 3.11 2.06 1.91
San Angelo 2.15 2.48 2.74 2.58 2.20 1.85
San Antonio 1.96 2.11 2.40 2.26 1.86 1.58
San Marcos 2.62 2.77 2.76 2.91 1.95 1.71
Sherman-Denison 3.14 3.47 4.11 3.71 3.12 2.61
Temple-Belton 2.77 2.47 2.63 2.88 2.12 1.81
Texarkana 2.71 2.83 3.01 3.01 2.15 2.19
Tyler 2.38 2.35 2.57 2.50 1.99 1.68
Victoria 2.04 2.17 2.65 2.61 2.01 1.71
Waco 2.16 2.42 2.73 2.40 2.21 1.84
Wichita Falls 2.86 3.07 3.51 3.12 2.35 2.19
Texas 1.90 2.14 2.43 2.36 1.88 1.59
USA Total 1.73 1.99 2.29 2.16 1.77 1.33
MLS Area 2013 2012 2011 2010 2009 2008
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 54,900 52,900 52,200 51,700 50,500 50,900
Amarillo 62,700 58,900 58,100 56,900 55,300 53,900
Arlington 65,600 69,200 68,300 67,400 64,600 64,600
Austin 73,200 75,900 74,900 73,800 73,300 69,100
Bay Area 66,200 66,900 66,000 65,100 63,800 61,100
Beaumont 53,100 57,500 56,700 55,500 54,300 51,400
Brazoria County 78,700 77,000 76,700 73,400 71,400 64,320
Brownsville 37,300 34,100 33,700 33,500 32,900 31,000
Bryan-College Station 54,900 58,200 57,400 57,000 56,100 55,800
Collin County 99,205 101,505 104,473 103,422 99,600 99,600
Corpus Christi 52,700 54,200 54,000 51,900 50,200 47,800
Dallas 67,500 70,100 69,100 68,300 67,600 64,800
Denton 88,915 90,977 85,225 84,368 74,480 74,480
El Paso 42,000 41,700 41,100 40,900 37,200 37,200
Fort Bend 94,942 95,946 91,893 90,640 82,270 82,270
Fort Worth 65,600 69,200 68,300 67,400 64,600 64,600
Galveston 74,897 75,689 67,013 66,099 56,540 56,540
Garland 67,500 70,100 69,100 68,300 67,600 64,800
Harlingen 37,300 34,100 33,700 33,500 32,900 31,000
Houston 66,200 66,900 66,000 65,100 63,800 61,100
Irving 67,500 70,100 69,100 68,300 67,600 64,800
Kerrville 55,900 54,000 54,419 52,067 50,700 -
Killeen-Fort Hood 59,900 56,700 55,900 54,900 54,000 52,000
Laredo 40,300 39,600 55,600 54,500 52,000 50,200
Longview-Marshall 54,200 56,400 55,600 54,500 52,000 50,200
Lubbock 56,700 55,600 54,900 54,600 52,900 50,200
Lufkin 48,600 50,000 49,300 49,200 49,400 49,300
McAllen 38,500 34,200 33,700 33,200 32,000 31,600
Midland 65,100 66,900 66,000 63,000 60,200 56,400
Montgomery County 81,692 82,555 78,903 77,827 70,695 70,695
Nacogdoches 47,600 48,200 47,500 48,400 47,100 45,600
Northeast Tarrant County 82,913 87,596 89,557 88,375 66,260 66,260
Odessa 52,300 56,500 55,700 53,200 49,000 47,000
Palestine 55,500 52,800 52,100 48,000 46,900 45,000
Paris 52,400 49,500 48,800 49,400 48,500 45,500
Port Arthur 53,100 57,500 56,700 55,500 54,300 51,400
San Angelo 55,300 55,700 55,000 51,800 52,400 49,100
San Antonio 61,300 60,800 59,900 57,800 57,200 54,700
San Marcos 75,168 75,900 68,107 67,107 59,070 59,070
Sherman-Denison 61,700 59,800 59,000 57,600 57,900 55,900
Temple-Belton 59,900 56,700 55,900 54,900 54,000 52,000
Texarkana 57,300 51,900 51,200 50,700 49,500 51,700
Tyler 64,200 58,700 57,900 56,200 55,300 53,000
Victoria 56,400 56,700 56,300 55,600 53,700 50,800
Waco 50,000 54,700 54,000 51,900 51,700 48,200
Wichita Falls 54,400 55,800 55,000 53,200 50,300 50,300
Texas 60,100 60,300 59,500 58,600 57,400 55,000
USA Total 64,400 65,000 64,200 64,000 64,000 61,500
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