Table 3-3. Affordability Status of Families and Unrelated Individuals for a Modestly Priced Home, by Age of Householder, Current Tenure, and Type of Financing: United States, 1993 (Numbers in 000's. Data may not add to total due to rounding.) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | Families | | |-------------------------------------------------------------------------------------------------------------------------------| | | | | Male householder, | Female householder, | | | Total | Married-couple | no wife present | no husband present | Unrelated individuals | |-------------------------------|-------------------------------|-------------------------------|-------------------------------|-------------------------------| | |Cannot afford modestly| |Cannot afford modestly| |Cannot afford modestly| |Cannot afford modestly| |Cannot afford modestly| | |priced home in area | |priced home in area | |priced home in area | |priced home in area | |priced home in area | | |----------------------| |----------------------| |----------------------| |----------------------| |----------------------| Age of householder | Total | Number | Percent | Total | Number | Percent | Total | Number | Percent | Total | Number | Percent | Total | Number | Percent | -------------------------------|--------|----------|-----------|--------|----------|-----------|--------|----------|-----------|--------|----------|-----------|--------|----------|-----------| USING CONVENTIONAL, FIXED-RATE,| | | | | | | | | | | | | | | | 30-YEAR FINANCING | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total....................| 71,344 | 30,188 | 42.3 | 53,822 | 17,360 | 32.3 | 3,062 | 1,843 | 60.2 | 14,461 | 10,985 | 76.0 | 36,749 | 24,427 | 66.5 | Under 25 years.................| 3,785 | 3,526 | 93.2 | 1,602 | 1,377 | 86.0 | 193 | 186 | 96.5 | 1,990 | 1,962 | 98.6 | 4,028 | 3,883 | 96.4 | 25 to 34 years.................| 15,766 | 10,656 | 67.6 | 11,114 | 6,426 | 57.8 | 744 | 605 | 81.3 | 3,908 | 3,625 | 92.7 | 8,584 | 7,162 | 83.4 | 35 to 44 years.................| 18,710 | 8,258 | 44.1 | 13,974 | 4,776 | 34.2 | 845 | 512 | 60.6 | 3,890 | 2,970 | 76.3 | 5,982 | 4,248 | 71.0 | 45 to 54 years.................| 12,777 | 3,874 | 30.3 | 10,173 | 2,415 | 23.7 | 627 | 279 | 44.5 | 1,978 | 1,180 | 59.7 | 4,374 | 2,668 | 61.0 | 55 to 64 years.................| 9,074 | 1,909 | 21.0 | 7,614 | 1,138 | 14.9 | 299 | 141 | 47.2 | 1,161 | 631 | 54.3 | 3,722 | 1,840 | 49.4 | 65 years or older..............| 11,233 | 1,965 | 17.5 | 9,345 | 1,228 | 13.1 | 354 | 120 | 33.9 | 1,534 | 617 | 40.2 | 10,058 | 4,627 | 46.0 | Median (years)...........| 43.6 | 36.1 | (X) | 45.2 | 36.8 | (X) | 42.0 | 37.5 | (X) | 38.4 | 34.7 | (X) | 44.6 | 37.7 | (X) | | | | | | | | | | | | | | | | | Current owners...........| 50,623 | 11,881 | 23.5 | 42,052 | 7,696 | 18.3 | 1,936 | 798 | 41.2 | 6,636 | 3,387 | 51.0 | 16,566 | 6,500 | 39.2 | Under 25 years.................| 1,196 | 987 | 82.5 | 528 | 344 | 65.2 | 77 | 74 | 95.8 | 591 | 569 | 96.2 | 593 | 540 | 91.1 | 25 to 34 years.................| 8,255 | 3,791 | 45.9 | 6,736 | 2,641 | 39.2 | 361 | 230 | 63.8 | 1,158 | 919 | 79.4 | 2,268 | 1,487 | 65.6 | 35 to 44 years.................| 13,124 | 3,366 | 25.6 | 10,902 | 2,292 | 21.0 | 530 | 223 | 42.0 | 1,692 | 851 | 50.3 | 2,611 | 1,281 | 49.1 | 45 to 54 years.................| 10,258 | 1,749 | 17.1 | 8,668 | 1,222 | 14.1 | 450 | 128 | 28.4 | 1,140 | 400 | 35.1 | 2,366 | 932 | 39.4 | 55 to 64 years.................| 7,847 | 974 | 12.4 | 6,825 | 602 | 8.8 | 211 | 68 | 32.3 | 811 | 304 | 37.5 | 2,378 | 696 | 29.2 | 65 years or older..............| 9,944 | 1,013 | 10.2 | 8,393 | 595 | 7.1 | 307 | 75 | 24.5 | 1,244 | 343 | 27.6 | 6,351 | 1,565 | 24.6 | Median (years)...........| 47.7 | 38.4 | (X) | 48.3 | 38.8 | (X) | 45.0 | 39.3 | (X) | 44.3 | 37.1 | (X) | 56.9 | 44.5 | (X) | | | | | | | | | | | | | | | | | Current renters..........| 20,721 | 18,307 | 88.3 | 11,771 | 9,664 | 82.1 | 1,126 | 1,045 | 92.8 | 7,825 | 7,598 | 97.1 | 20,182 | 17,927 | 88.8 | Under 25 years.................| 2,589 | 2,538 | 98.1 | 1,074 | 1,033 | 96.1 | 116 | 113 | 97.0 | 1,398 | 1,393 | 99.6 | 3,435 | 3,342 | 97.3 | 25 to 34 years.................| 7,510 | 6,865 | 91.4 | 4,378 | 3,785 | 86.5 | 382 | 374 | 97.8 | 2,750 | 2,706 | 98.4 | 6,317 | 5,675 | 89.8 | 35 to 44 years.................| 5,585 | 4,892 | 87.6 | 3,072 | 2,484 | 80.8 | 316 | 290 | 91.9 | 2,198 | 2,119 | 96.4 | 3,372 | 2,966 | 88.0 | 45 to 54 years.................| 2,519 | 2,125 | 84.3 | 1,505 | 1,193 | 79.3 | 176 | 151 | 85.5 | 838 | 781 | 93.2 | 2,008 | 1,737 | 86.5 | 55 to 64 years.................| 1,228 | 935 | 76.2 | 789 | 536 | 67.9 | 88 | 73 | 82.9 | 351 | 326 | 93.0 | 1,344 | 1,144 | 85.1 | 65 years or older..............| 1,290 | 951 | 73.8 | 952 | 633 | 66.5 | 47 | 45 | 94.4 | 290 | 273 | 94.2 | 3,707 | 3,063 | 82.6 | Median (years)...........| 35.5 | 34.6 | (X) | 36.4 | 35.1 | (X) | 37.1 | 36.2 | (X) | 34.1 | 33.7 | (X) | 36.0 | 34.9 | (X) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Table 3-3. Affordability Status of Families and Unrelated Individuals for a Modestly Priced Home, by Age of Householder, Current Tenure, and Type of Financing: United States, 1993 - Continued (Numbers in 000's. Data may not add to total due to rounding.) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | Families | | |-------------------------------------------------------------------------------------------------------------------------------| | | | | Male householder, | Female householder, | | | Total | Married-couple | no wife present | no husband present | Unrelated individuals | |-------------------------------|-------------------------------|-------------------------------|-------------------------------|-------------------------------| | |Cannot afford modestly| |Cannot afford modestly| |Cannot afford modestly| |Cannot afford modestly| |Cannot afford modestly| | |priced home in area | |priced home in area | |priced home in area | |priced home in area | |priced home in area | | |----------------------| |----------------------| |----------------------| |----------------------| |----------------------| Age of householder | Total | Number | Percent | Total | Number | Percent | Total | Number | Percent | Total | Number | Percent | Total | Number | Percent | -------------------------------|--------|----------|-----------|--------|----------|-----------|--------|----------|-----------|--------|----------|-----------|--------|----------|-----------| USING FHA, FIXED-RATE, 30-YEAR | | | | | | | | | | | | | | | | FINANCING | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total....................| 71,344 | 28,912 | 40.5 | 53,822 | 16,168 | 30.0 | 3,062 | 1,822 | 59.5 | 14,461 | 10,923 | 75.5 | 36,749 | 24,158 | 65.7 | Under 25 years.................| 3,785 | 3,475 | 91.8 | 1,602 | 1,329 | 83.0 | 193 | 184 | 95.1 | 1,990 | 1,962 | 98.6 | 4,028 | 3,857 | 95.7 | 25 to 34 years.................| 15,766 | 10,159 | 64.4 | 11,114 | 5,951 | 53.5 | 744 | 603 | 81.0 | 3,908 | 3,606 | 92.3 | 8,584 | 7,014 | 81.7 | 35 to 44 years.................| 18,710 | 7,776 | 41.6 | 13,974 | 4,356 | 31.2 | 845 | 498 | 59.0 | 3,890 | 2,922 | 75.1 | 5,982 | 4,128 | 69.0 | 45 to 54 years.................| 12,777 | 3,643 | 28.5 | 10,173 | 2,184 | 21.5 | 627 | 279 | 44.5 | 1,978 | 1,179 | 59.6 | 4,374 | 2,618 | 59.8 | 55 to 64 years.................| 9,074 | 1,866 | 20.6 | 7,614 | 1,096 | 14.4 | 299 | 144 | 48.3 | 1,161 | 626 | 53.9 | 3,722 | 1,839 | 49.4 | 65 years or older..............| 11,233 | 1,994 | 17.7 | 9,345 | 1,251 | 13.4 | 354 | 114 | 32.2 | 1,534 | 629 | 41.0 | 10,058 | 4,701 | 46.7 | Median (years)...........| 43.6 | 36.1 | (X) | 45.2 | 36.9 | (X) | 42.0 | 37.5 | (X) | 38.4 | 34.7 | (X) | 44.6 | 37.9 | (X) | | | | | | | | | | | | | | | | | Current owners...........| 50,624 | 10,985 | 21.7 | 42,052 | 6,843 | 16.3 | 1,936 | 786 | 40.6 | 6,636 | 3,357 | 50.6 | 16,566 | 6,417 | 38.7 | Under 25 years.................| 1,196 | 952 | 79.6 | 528 | 312 | 59.1 | 77 | 71 | 92.3 | 591 | 569 | 96.2 | 593 | 531 | 89.5 | 25 to 34 years.................| 8,255 | 3,459 | 41.9 | 6,736 | 2,328 | 34.6 | 361 | 229 | 63.2 | 1,158 | 902 | 77.9 | 2,268 | 1,431 | 63.1 | 35 to 44 years.................| 13,124 | 3,018 | 23.0 | 10,902 | 1,970 | 18.1 | 530 | 218 | 41.2 | 1,692 | 830 | 49.0 | 2,611 | 1,216 | 46.6 | 45 to 54 years.................| 10,258 | 1,576 | 15.4 | 8,668 | 1,046 | 12.1 | 450 | 128 | 28.4 | 1,140 | 402 | 35.2 | 2,366 | 919 | 38.8 | 55 to 64 years.................| 7,847 | 941 | 12.0 | 6,825 | 569 | 8.3 | 211 | 70 | 33.2 | 811 | 302 | 37.2 | 2,378 | 701 | 29.5 | 65 years or older..............| 9,944 | 1,039 | 10.5 | 8,393 | 617 | 7.4 | 307 | 69 | 22.6 | 1,244 | 353 | 28.3 | 6,351 | 1,619 | 25.5 | Median (years)...........| 47.7 | 38.6 | (X) | 48.3 | 39.0 | (X) | 45.0 | 39.3 | (X) | 44.3 | 37.5 | (X) | 56.9 | 45.3 | (X) | | | | | | | | | | | | | | | | | Current renters..........| 20,721 | 17,927 | 86.5 | 11,771 | 9,325 | 79.2 | 1,126 | 1,037 | 92.1 | 7,825 | 7,566 | 96.7 | 20,182 | 17,741 | 87.9 | Under 25 years.................| 2,589 | 2,523 | 97.5 | 1,074 | 1,017 | 94.7 | 116 | 113 | 97.0 | 1,398 | 1,393 | 99.6 | 3,435 | 3,326 | 96.8 | 25 to 34 years.................| 7,510 | 6,700 | 89.2 | 4,378 | 3,623 | 82.8 | 382 | 374 | 97.8 | 2,750 | 2,703 | 98.3 | 6,317 | 5,584 | 88.4 | 35 to 44 years.................| 5,585 | 4,758 | 85.2 | 3,072 | 2,386 | 77.7 | 316 | 280 | 88.8 | 2,198 | 2,092 | 95.2 | 3,372 | 2,912 | 86.4 | 45 to 54 years.................| 2,519 | 2,067 | 82.0 | 1,505 | 1,139 | 75.6 | 176 | 151 | 85.5 | 838 | 777 | 92.8 | 2,008 | 1,699 | 84.6 | 55 to 64 years.................| 1,228 | 925 | 75.3 | 789 | 526 | 66.7 | 88 | 74 | 84.5 | 351 | 324 | 92.3 | 1,344 | 1,137 | 84.6 | 65 years or older..............| 1,290 | 954 | 74.0 | 952 | 634 | 66.5 | 47 | 45 | 94.4 | 290 | 276 | 95.2 | 3,707 | 3,083 | 83.1 | Median (years)...........| 35.5 | 34.6 | (X) | 36.4 | 35.1 | (X) | 37.1 | 36.1 | (X) | 34.1 | 33.8 | (X) | 36.0 | 34.9 | (X) | | | | | | | | | | | | 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