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, 1993 (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.............| 35,329 | 49.5 | 21,185 | 39.4 | 2,129 | 69.5 | 12,015 | 83.1 | 27,556 | 75.0 | Modestly priced home...........| 30,188 | 42.3 | 17,360 | 32.3 | 1,843 | 60.2 | 10,985 | 76.0 | 24,427 | 66.5 | Low-priced home................| 27,085 | 38.0 | 15,273 | 28.4 | 1,622 | 53.0 | 10,190 | 70.5 | 21,812 | 59.4 | New single-family home.........| 44,281 | 62.1 | 28,649 | 53.2 | 2,457 | 80.2 | 13,175 | 91.1 | 31,140 | 84.7 | Condominium....................| 35,636 | 49.9 | 21,397 | 39.8 | 2,162 | 70.6 | 12,077 | 83.5 | 27,817 | 75.7 | Price adjusted home............| 35,013 | 49.1 | 20,909 | 38.8 | 2,088 | 68.2 | 12,016 | 83.1 | 27,526 | 74.9 | | | | | | | | | | | | | | | | | | | | | | | Current owners | | | | | | | | | | | Median-priced home.............| 16,386 | 32.4 | 11,013 | 26.2 | 1,051 | 54.3 | 4,322 | 65.1 | 8,833 | 53.3 | Modestly priced home...........| 11,881 | 23.5 | 7,696 | 18.3 | 798 | 41.2 | 3,387 | 51.0 | 6,500 | 39.2 | Low-priced home................| 9,461 | 18.7 | 6,090 | 14.5 | 632 | 32.7 | 2,739 | 41.3 | 4,830 | 29.2 | New single-family home.........| 24,650 | 48.7 | 17,890 | 42.5 | 1,359 | 70.2 | 5,402 | 81.4 | 11,783 | 71.1 | Condominium....................| 16,625 | 32.8 | 11,164 | 26.5 | 1,080 | 55.8 | 4,381 | 66.0 | 9,043 | 54.6 | Price adjusted home............| 16,125 | 31.9 | 10,783 | 25.6 | 1,022 | 52.8 | 4,321 | 65.1 | 8,789 | 53.1 | | | | | | | | | | | | | | | | | | | | | | | Current renters | | | | | | | | | | | Median-priced home.............| 18,943 | 91.4 | 10,172 | 86.4 | 1,078 | 95.7 | 7,693 | 98.3 | 18,723 | 92.8 | Modestly priced home...........| 18,307 | 88.3 | 9,664 | 82.1 | 1,045 | 92.8 | 7,598 | 97.1 | 17,927 | 88.8 | Low-priced home................| 17,624 | 85.1 | 9,183 | 78.0 | 990 | 87.9 | 7,451 | 95.2 | 16,982 | 84.1 | New single-family home.........| 19,631 | 94.7 | 10,759 | 91.4 | 1,098 | 97.5 | 7,774 | 99.3 | 19,357 | 95.9 | Condominium....................| 19,011 | 91.7 | 10,233 | 86.9 | 1,082 | 96.1 | 7,695 | 98.3 | 18,774 | 93.0 | Price adjusted home............| 18,887 | 91.2 | 10,126 | 86.0 | 1,066 | 94.7 | 7,695 | 98.3 | 18,737 | 92.8 | | | | | | | | | | | | | | | | | | | | | | | ------------------------------------------------------------------------------------------------------------------------------------------------- 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, 1993 - Continued (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 FHA, FIXED-RATE, 30-YEAR | | | | | | | | | | | FINANCING | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | Median-priced home.............| 34,868 | 48.9 | 20,664 | 38.4 | 2,148 | 70.1 | 12,056 | 83.4 | 27,477 | 74.8 | Modestly priced home...........| 28,912 | 40.5 | 16,168 | 30.0 | 1,822 | 59.5 | 10,923 | 75.5 | 24,158 | 65.7 | Low-priced home................| 25,233 | 35.4 | 13,611 | 25.3 | 1,585 | 51.7 | 10,037 | 69.4 | 21,198 | 57.7 | New single-family home.........| 44,590 | 62.5 | 28,896 | 53.7 | 2,491 | 81.3 | 13,203 | 91.3 | 31,267 | 85.1 | Condominium....................| 35,111 | 49.2 | 20,854 | 38.7 | 2,172 | 70.9 | 12,086 | 83.6 | 27,778 | 75.6 | Price adjusted home.......... | 34,434 | 48.3 | 20,286 | 37.7 | 2,087 | 68.2 | 12,061 | 83.4 | 27,457 | 74.7 | | | | | | | | | | | | | | | | | | | | | | | Current owners | | | | | | | | | | | Median-priced home.............| 16,044 | 31.7 | 10,620 | 25.3 | 1,070 | 55.3 | 4,354 | 65.6 | 8,822 | 53.3 | Modestly priced home...........| 10,985 | 21.7 | 6,843 | 16.3 | 786 | 40.6 | 3,357 | 50.6 | 6,417 | 38.7 | Low-priced home................| 8,337 | 16.5 | 5,059 | 12.0 | 611 | 31.5 | 2,667 | 40.2 | 4,649 | 28.1 | New single-family home.........| 24,998 | 49.4 | 18,174 | 43.2 | 1,400 | 72.3 | 5,424 | 81.7 | 11,887 | 71.8 | Condominium....................| 16,320 | 32.2 | 10,819 | 25.7 | 1,098 | 56.7 | 4,403 | 66.4 | 9,055 | 54.7 | Price adjusted home.......... | 15,734 | 31.1 | 10,336 | 24.6 | 1,029 | 53.1 | 4,369 | 65.8 | 8,807 | 53.2 | | | | | | | | | | | | | | | | | | | | | | | Current renters | | | | | | | | | | | Median-priced home.............| 18,824 | 90.8 | 10,044 | 85.3 | 1,078 | 95.7 | 7,702 | 98.4 | 18,655 | 92.4 | Modestly priced home...........| 17,927 | 86.5 | 9,325 | 79.2 | 1,037 | 92.1 | 7,566 | 96.7 | 17,741 | 87.9 | Low-priced home................| 16,896 | 81.5 | 8,553 | 72.7 | 974 | 86.5 | 7,370 | 94.2 | 16,549 | 82.0 | New single-family home.........| 19,592 | 94.6 | 10,722 | 91.1 | 1,091 | 96.9 | 7,779 | 99.4 | 19,380 | 96.0 | Condominium....................| 18,792 | 90.7 | 10,035 | 85.3 | 1,074 | 95.4 | 7,682 | 98.2 | 18,723 | 92.8 | Price adjusted home.......... | 18,699 | 90.2 | 9,950 | 84.5 | 1,059 | 94.0 | 7,691 | 98.3 | 18,650 | 92.4 | | | | | | | | | | | | | | | | | | | | | | | -------------------------------------------------------------------------------------------------------------------------------------------------