80 Least Affordable Metro Areas 1st Quarter 2008
Metro Area 1st Qtr 2008 4th Qtr 2008 1st Qtr 2008 1st Qtr Share of Homes 2007 Median Median 2008 UnAffordable for Share Family Sales Afforability Median Income Income Price Rank (000's) (000's) 4th Qtr 2007 Rank
NATIONAL AVERAGE CALIFORNIA
53.8 31.0 10.5 12.5 12.7 13.1 13.8 15.8 16.5 17.4 19.6 20.1 22.2 22.6 22.9 23.1 24.8 25.2 25.3 26.4 26.9 27.8
46.6 18.1 6.2 10.0 7.9 5.6 9.9 4.9 13.1 8.4 13.0 13.0 13.4 13.9 12.4 15.5 15.5 14.3 30.0 14.5 13.5 20.7
61.5 67.8 59.8 63.0 94.3 64.8 67.0 79.6 49.2 84.1 65.2 97.1 79.9 77.8 83.9 97.8 45.1 72.1 50.5 47.9 62.0 84.3
219 328 412 490 680 393 425 449 300 470 380 420 508 391 420 544 204 368 238 221 288 365
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
3 8 4 2 7 1 12 5 T10 T10 13 15 9 T20 T20 16 T46 17 14 30
Los Angeles-Long Beach-Glendale, CA New York-White Plains-Wayne, NY-NJ San Francisco-San mateo-Redwood City, CA Salinas, CA San Luis Obispo-Paso Robles, CA Napa, CA Miami-Miami Beach-Kendall, FL Santa Ana-Anaheim-Irvine, CA Santa Barbara-Santa Maria-Goleta, CA Nassau-Suffolk, NY Santa Cruz-Watsonville, CA Santa Rosa-Petaluma, CA Oxnard-Thousand Oaks-Ventura, CA San Jose-Sunnyvale-Santa Clara, CA El Centro, CA San Diego-Carlsbad-San Marcos, CA Medford, OR Madera, CA Riverside-San Bernardino-Ontario, CA Newark-Union, NJ-PA
Fresno, CA Ocean City, NJ Merced, CA Mount Vernon-Anacortes, WA Bend, OR El Paso, TX St. George, UT Hanford-Corcoran, CA Honolulu, HI Oakland-Fremont-Hayward, CA Seattle-Bellevue-Everett, WA Panama City-Lynn Haven, FL Bakersfield, CA Visalia-Porterville, CA Naples-Marco Island, FL Yuba City, CA Vallejo-Fairfield, CA Flagstaff, AZ Stockton, CA Atlantic City-Hammonton, NJ Modesto, CA Barnstable Town, MA Redding, CA Portland-Vancouver-Beaverton, OR-WA Laredo, TX Prescott, AZ Bridgeport-Stamford-Norwalk, CT Santa Fe, NM Chico, CA Edison-New Brunswick, NJ
28.1 28.2 28.3 29.4 30.1 31.4 31.5 31.9 32.1 32.4 32.9 33.6 34.2 34.2 34.5 35.0 35.1 35.2 35.5 36.2 36.2 36.5 38.1 39.4 39.5 39.8 40.0 40.7 41.5 42.3
15.4 19.3 9.7 29.7 24.4 30.3 22.9 18.8 16.8 17.4 24.3 34.2 21.6 17.6 23.6 17.5 20.4 32.0 16.9 28.3 15.3 24.5 30.5 28.8 27.1 30.1 33.2 24.6 36.8 34.3
49.9 65.5 47.4 59.5 58.2 37.2 51.5 50.1 77.3 86.1 81.4 53.8 50.0 46.9 69.2 53.4 74.3 56.7 61.3 65.2 56.5 73.5 53.3 67.5 36.0 50.5 97.5 64.3 54.5 90.0
225 390 215 275 268 143 252 215 421 400 367 254 210 202 340 215 321 263 262 260 233 320 220 269 127 225 400 287 221 325
21 22 23 24 25 26 27 28 29 30 31 32 T33 T33 35 36 37 38 39 T40 T40 42 43 44 45 46 47 48 49 50
19 28 6 45 T35 49 32 27 22 24 34 T61 31 26 33 25 29 55 23 43 18 37 50 44 40 48 56 38 66 63
Bellingham, WA Orlando-Kissimmee, FL Eugene-Springfield, OR Poughkeepsie-Newburgh-Middletown, NY Bremerton-Silverdale, WA Boston-Quincy, MA Tacoma, WA Provo-Orem, UT Philadelphia, PA West Palm Beach-Boca Raton-Boynton Beach, FL Las Vegas-Paradise, NV Corvallis, OR Fort Lauderdale-Pompano Beach-Deerfield Beach, FL Salt Lake City, UT Olympia, WA Reno-Sparks, NV Boise City-Nampa, ID Mc Allen-Edinburg-Mission, TX Lake Havasu City-Kingman, AZ Asheville, NC Chicago-Naperville-Joliet, IL Sebastian-Vero Beach, FL MSA Salem, OR Fort Walton Beach, FL Brownsville-Harlingen, TX Sacramento--Arden-Arcade--Roseville, CA Cape Coral-Fort Myers, FL Providence-New Bedford-Fall River, RI-MA Bradenton-Sarasota-Venice, FL Portland-South Portland-Biddeford, ME
42.4 42.5 42.8 42.9 43.4 44.1 44.1 44.4 45.4 46.0 46.2 46.3 46.5 46.5 47.0 47.6 47.9 48.2 48.3 48.6 49.1 49.2 49.2 49.4 49.6 49.7 50.3 50.5 50.8 51.2
31.4 31.3 30.0 31.8 33.6 35.7 31.3 27.9 47.3 37.9 25.4 41.2 33.8 35.4 34.0 24.4 34.0 43.2 45.2 40.9 41.2 57.5 39.9 27.2 34.2 38.8 38.8 39.5
63.0 59.2 55.5 78.9 69.9 79.5 66.2 60.0 72.4 66.0 63.9 68.0 64.0 65.3 66.3 69.5 60.9 31.6 45.0 52.5 71.1 57.0 56.2 63.2 31.0 71.0 59.9 68.3 59.6 67.6
247 225 215 270 263 315 250 246 260 246 245 255 230 256 240 261 225 101 160 200 250 200 200 230 97 262 205 225 206 226
51 52 53 54 55 T56 T56 58 59 60 61 62 T63 T63 65 66 67 68 69 70 71 T72 T72 74 75 76 77 78 79 80
53 T51 T46 54 57 65 T51 42 68 39 58 64 T59 T35 T59 41 T61 -
Source: NAHB/Wells Fargo Housing Opportunity Index Note: The U.S. Dept. of Housing and Community Development is using a new source for median income effective the first quarter of 2007. Therefore, strict comparisons with previous MSA affordability rankings may not be completely accurate. The HOI remains a valid comparison for current affordability of the nation's metro areas. Metropolitan Statistical Areas (MSA or PMSA) and Constituent Counties Bakersfield - Kern Chico - Butte El Centro - Imperial Fresno - Fresno and Madera Hanford-Corcoran - Tulare and Kings L.A.-Long Beach-Glendale - Los Angeles Madera - Madera Merced - Merced Modesto - Stanislaus Napa - Napa Oakland-Fremont-Hayward - Alameda and Contra Costa Oxnard-Thousand Oaks-Ventura - Ventura Redding - Shasta Riverside-San Bernardino-Ontario - Riverside and San Bernardino Sacramento/Arden-Arcade/Roseville - El Dorado, Placer, Sacramento, Yolo
Salinas - Monterey San Diego-Carlsbad-San Marcos - San Diego San Francisco-San Mateo-Redwood City - Marin, S.F., San M San Jose-Sunnyvale-Santa Clara - Santa Clara and San Beni San Luis Obispo-Paso Robles - San Luis Obispo Santa Ana-Anaheim-Irvine - Orange Santa Barbara-Santa Maria - Santa Barbara Santa Cruz-Watsonville - Santa Cruz Santa Rosa-Petaluma - Sonoma Stockton - San Joaquin Vallejo-Fairfield - Solano Visalia-Porterville Tulare Yuba City - Sutter and Yuba