Where U.S. Home Prices Have Outpaced Income the Most
Key Takeaways
Home prices in Bend, Oregon have risen the most relative to income since 1990, driven by population growth, an influx of higher-income households, and insufficient housing supply.
Coeur D'Alene had the second-highest jump in its house-price-to-income ratio, with wealthier out-of-state buyers drawn to the outdoor recreation opportunities and relative affordability compared to other resort towns.
The top ten states seeing home prices rise much faster than income are all in the Western region, with three in Washington state.
Where U.S. Home Prices Have Outpaced Income the Most - Voronoi