However nationwide compare over the last 40 years median income rates with the average home cost and the CPI, you quickly see that housing costs have far outpaced income rises and inflation. 1983:Median Household Income: $24,580Average Cost of a new home: $75,300CPI: 99.62023:Median Household Income: 72,000 * (estimate from most recent census numbers)Average Cost of a new home: 446,000CPI: 296.79740 year change: Median Income: 206%CPI: 198%Average Cost of a New Home: 492%The average cost of a new home outpaced median income and the consumer price index over this period by a factor of almost 2.5!

I've read it, and I am curious about this statement:"Residential dwelling unit" means a residence where one or more persons may maintain a household, including a manufactured home."

The tenant is responsible for all repair and maintenance of the property, including the roof and structure.Site demographics:Average Daily Traffic Count (ADT): 23,000 1-mile Average Annual Household Income (AHHI): $99,969 POPULATION: 1-mile radius: 6,0953-mile radius: 42,886 5-mile radius: 124,077 Questions(using the information provided above):1.

Median household income is 72K, and the population has grown 15% since 2000, unemployment is around 5%. 

My dad owns a 3 family household in Boston, and growing up he always encouraged me and told me it was his dream that one day I would find a good property deal, jump on it and either rent it out or reap the appreciation.

Household income ~$100k/yr. $40k in debt (2 cars and one credit card that I've convinced them to get a loan through their credit union in order to save nearly 20% on interest).

Check this out:Since 2004, inflation has totaled 27%Since 2005 to 2014, median household income in Utah County has gone up 30%Since 2004, median home price has gone up 59%I'm not economist nor statistician, but based on that, I surmise that inflation can offset all but 3% of income and all but 32% of home price growth.

It's been on a tear for years and seems that many (at least close to the center) homes are well above general affordability for working households.

I am a sahm to 3 young kids and i am CFO of our household!!

Text: "The 28/36 Rule states that a household should spend a maximum of 28% of its gross monthly income on total housing expenses and no more than 36% on total debt service, including housing and other debt such as car loans."