Table 1-2: Affordability Status of Families and Unrelated Individuals for Different Types of Criterion Homes, by Current Tenure and Type of Financing: United States, 1991 (Numbers in thousands. Data may not add to total due to rounding) -------------------------------------------------------------------------------------------------------------------------------------------------- | Cannot afford criterion home in area | |-----------------------------------------------------------------------------------------------------------------| | Families | | |-------------------------------------------------------------------------------------------| | | | |Male householder, no |Female householder, no | Unrelated | | Total | Married-couple |wife present |husband present | Individuals | |----------------------|---------------------|---------------------|------------------------|---------------------| Type of Home | Number | Percent | Number | Percent | Number | Percent | Number | Percent | Number | Percent | -------------------------------|-----------|----------|----------|----------|----------|----------|-----------|------------|----------|----------| USING CONVENTIONAL, FIXED-RATE,| | | | | | | | | | | 30-YEAR FINANCING | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | Median-priced home.............| 35,668 | 51.3 | 22,449 | 42.2 | 1,904 | 67.8 | 11,314 | 83.9 | 27,433 | 76.2 | Modestly priced home...........| 29,461 | 42.4 | 17,583 | 33.0 | 1,616 | 57.5 | 10,262 | 76.1 | 23,994 | 66.6 | Low-priced home................| 26,022 | 37.4 | 15,072 | 28.3 | 1,461 | 52.0 | 9,489 | 70.4 | 21,089 | 58.6 | New single-family home.........| 44,615 | 64.2 | 30,125 | 56.6 | 2,206 | 78.5 | 12,284 | 91.1 | 30,817 | 85.6 | Condominium....................| 43,952 | 63.2 | 29,524 | 55.4 | 2,222 | 79.1 | 12,206 | 90.5 | 30,510 | 84.7 | Price adjusted home............| 34,834 | 50.1 | 21,785 | 40.9 | 1,860 | 66.2 | 11,189 | 83.0 | 27,042 | 75.1 | | | | | | | | | | | | Current owners | | | | | | | | | | | Median-priced home.............| 17,742 | 35.6 | 12,591 | 30.1 | 967 | 53.6 | 4,185 | 67.5 | 9,291 | 57.0 | Modestly priced home...........| 12,374 | 24.8 | 8,454 | 20.2 | 694 | 38.5 | 3,226 | 52.0 | 6,691 | 41.0 | Low-priced home................| 9,512 | 19.1 | 6,402 | 15.3 | 566 | 31.4 | 2,544 | 41.0 | 4,947 | 30.3 | New single-family home.........| 26,029 | 52.2 | 19,716 | 47.1 | 1,254 | 69.5 | 5,059 | 81.6 | 11,930 | 73.1 | Condominium....................| 25,346 | 50.8 | 19,097 | 45.6 | 1,256 | 69.6 | 4,993 | 80.5 | 11,709 | 71.8 | Price adjusted home............| 17,036 | 34.2 | 12,052 | 28.8 | 922 | 51.1 | 4,062 | 65.5 | 8,999 | 55.2 | | | | | | | | | | | | Current renters | | | | | | | | | | | Median-priced home.............| 17,926 | 91.2 | 9,859 | 86.7 | 937 | 93.1 | 7,130 | 97.9 | 18,142 | 92.1 | Modestly priced home...........| 17,087 | 86.9 | 9,129 | 80.3 | 922 | 91.6 | 7,036 | 96.6 | 17,304 | 87.8 | Low-priced home................| 16,510 | 84.0 | 8,670 | 76.2 | 895 | 88.9 | 6,944 | 95.4 | 16,142 | 81.9 | New single-family home.........| 18,585 | 94.5 | 10,408 | 91.5 | 952 | 94.6 | 7,225 | 99.2 | 18,887 | 95.9 | Condominium....................| 18,605 | 94.6 | 10,428 | 91.7 | 966 | 95.9 | 7,212 | 99.0 | 18,801 | 95.4 | Price adjusted home............| 17,797 | 90.5 | 9,732 | 85.6 | 937 | 93.1 | 7,128 | 97.9 | 18,043 | 91.6 | | | | | | | | | | | | | | | | | | | | | | | USING FHA, FIXED-RATE, 30-YEAR | | | | | | | | | | | FINANCING | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | Median-priced home.............| 34,362 | 49.4 | 21,256 | 39.9 | 1,874 | 66.7 | 11,232 | 83.3 | 27,173 | 75.5 | Modestly priced home...........| 27,301 | 39.3 | 15,643 | 29.4 | 1,572 | 55.9 | 10,087 | 74.8 | 23,324 | 64.8 | Low-priced home................| 23,369 | 33.6 | 12,887 | 24.2 | 1,328 | 47.3 | 9,154 | 67.9 | 19,811 | 55.0 | New single-family home.........| 45,401 | 65.3 | 30,876 | 58.0 | 2,220 | 79.0 | 12,305 | 91.3 | 30,886 | 85.8 | Condominium....................| 43,666 | 62.8 | 29,304 | 55.0 | 2,202 | 78.4 | 12,159 | 90.2 | 30,438 | 84.5 | Price adjusted home.......... | 33,117 | 47.6 | 20,192 | 37.9 | 1,817 | 64.6 | 11,108 | 82.4 | 26,653 | 74.0 | | | | | | | | | | | | Current owners | | | | | | | | | | | Median-priced home.............| 16,724 | 33.5 | 11,667 | 27.9 | 937 | 52.0 | 4,119 | 66.4 | 9,141 | 56.0 | Modestly priced home...........| 10,781 | 21.6 | 7,019 | 16.8 | 663 | 36.8 | 3,099 | 50.0 | 6,440 | 39.5 | Low-priced home................| 7,932 | 15.9 | 5,070 | 12.1 | 479 | 26.5 | 2,384 | 38.4 | 4,593 | 28.2 | New single-family home.........| 26,809 | 53.7 | 20,462 | 48.9 | 1,268 | 70.3 | 5,079 | 81.9 | 11,958 | 73.3 | Condominium....................| 25,140 | 50.4 | 18,953 | 45.3 | 1,237 | 68.6 | 4,950 | 79.8 | 11,680 | 71.6 | Price adjusted home.......... | 15,706 | 31.5 | 10,827 | 25.9 | 882 | 48.9 | 3,998 | 64.5 | 8,805 | 54.0 | | | | | | | | | | | | Current renters | | | | | | | | | | | Median-priced home.............| 17,639 | 89.7 | 9,589 | 84.3 | 937 | 93.1 | 7,113 | 97.7 | 18,032 | 91.5 | Modestly priced home...........| 16,520 | 84.0 | 8,624 | 75.8 | 909 | 90.3 | 6,988 | 96.0 | 16,884 | 85.7 | Low-priced home................| 15,437 | 78.5 | 7,818 | 68.7 | 849 | 84.4 | 6,770 | 93.0 | 15,217 | 77.2 | New single-family home.........| 18,592 | 94.6 | 10,414 | 91.6 | 952 | 94.6 | 7,226 | 99.2 | 18,928 | 96.1 | Condominium....................| 18,526 | 94.2 | 10,351 | 91.0 | 966 | 95.9 | 7,209 | 99.0 | 18,758 | 95.2 | Price adjusted home.......... | 17,410 | 88.5 | 9,365 | 82.3 | 935 | 92.9 | 7,110 | 97.6 | 17,847 | 90.6 | ----------------------------------------------------------------------------------------------------------------------------------------------