Table 4-2. Affordability Status of Families and Unrelated Individuals for a Modestly Priced Home, by Current Tenure and Type of Financing: United States, 1984, 1988, 1991, and 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 | | |----------------------| |----------------------| |----------------------| |----------------------| |----------------------| Year | Total | Number | Percent | Total | Number | Percent | Total | Number | Percent | Total | Number | Percent | Total | Number | Percent | -------------------------------|--------|----------|-----------|--------|----------|-----------|--------|----------|-----------|--------|----------|-----------|---------|----------|-----------| | | | | | | | | | | | | | | | | USING CONVENTIONAL, FIXED-RATE,| | | | | | | | | | | | | | | | 30-YEAR FINANCING | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | 1984...........................| 65,708 | 25,998 | 39.6 | 51,744 | 16,090 | 31.1 | 2,371 | 1,323 | 55.8 | 11,593 | 8,586 | 74.1 | 28,979 | 19,272 | 66.5 | 1988...........................| 67,958 | 27,355 | 40.3 | 52,445 | 16,584 | 31.6 | 2,919 | 1,655 | 56.7 | 12,593 | 9,117 | 72.4 | 32,635 | 21,557 | 66.1 | 1991...........................| 69,543 | 29,461 | 42.4 | 53,249 | 17,583 | 33.0 | 2,810 | 1,616 | 57.5 | 13,484 | 10,262 | 76.1 | 36,010 | 23,994 | 66.6 | 1993...........................| 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 | | | | | | | | | | | | | | | | | Current owners | | | | | | | | | | | | | | | | 1984...........................| 46,884 | 9,553 | 20.4 | 39,973 | 6,403 | 16.0 | 1,377 | 440 | 32.0 | 5,534 | 2,709 | 49.0 | 12,455 | 4,958 | 39.8 | 1988...........................| 48,541 | 10,654 | 21.9 | 40,588 | 6,980 | 17.2 | 1,797 | 667 | 37.1 | 6,155 | 3,007 | 48.8 | 14,374 | 5,637 | 39.2 | 1991...........................| 49,881 | 12,374 | 24.8 | 41,875 | 8,454 | 20.2 | 1,804 | 694 | 38.5 | 6,202 | 3,226 | 52.0 | 16,311 | 6,691 | 41.0 | 1993...........................| 50,623 | 11,881 | 23.5 | 42,051 | 7,696 | 18.3 | 1,936 | 798 | 41.2 | 6,636 | 3,387 | 51.0 | 16,566 | 6,500 | 39.2 | | | | | | | | | | | | | | | | | Current Renters | | | | | | | | | | | | | | | | 1984...........................| 18,825 | 16,445 | 87.4 | 11,771 | 9,686 | 82.3 | 994 | 883 | 88.8 | 6,060 | 5,876 | 97.0 | 16,524 | 14,314 | 86.6 | 1988...........................| 19,417 | 16,701 | 86.0 | 11,857 | 9,604 | 81.0 | 1,122 | 987 | 88.0 | 6,438 | 6,110 | 94.9 | 18,261 | 15,920 | 87.2 | 1991...........................| 19,662 | 17,087 | 86.9 | 11,373 | 9,129 | 80.3 | 1,007 | 922 | 91.6 | 7,282 | 7,036 | 96.6 | 19,699 | 17,304 | 87.8 | 1993...........................| 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 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | USING FHA, FIXED-RATE, 30-YEAR | | | | | | | | | | | | | | | | FINANCING | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | 1984...........................| 65,708 | 24,731 | 37.6 | 51,744 | 14,907 | 28.8 | 2,371 | 1,303 | 55.0 | 11,593 | 8,521 | 73.5 | 28,979 | 18,863 | 65.1 | 1988...........................| 67,958 | 25,336 | 37.3 | 52,445 | 14,760 | 28.1 | 2,919 | 1,596 | 54.7 | 12,593 | 8,980 | 71.3 | 32,635 | 20,885 | 64.0 | 1991...........................| 69,543 | 27,301 | 39.3 | 53,249 | 15,643 | 29.4 | 2,810 | 1,572 | 55.9 | 13,484 | 10,087 | 74.8 | 36,010 | 23,324 | 64.8 | 1993...........................| 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 | | | | | | | | | | | | | | | | | Current owners | | | | | | | | | | | | | | | | 1984...........................| 46,884 | 8,813 | 18.8 | 39,973 | 5,717 | 14.3 | 1,377 | 426 | 30.9 | 5,534 | 2,670 | 48.2 | 12,455 | 4,810 | 38.6 | 1988...........................| 48,541 | 9,346 | 19.3 | 40,588 | 5,809 | 14.3 | 1,797 | 620 | 34.5 | 6,155 | 2,917 | 47.4 | 14,374 | 5,391 | 37.5 | 1991...........................| 49,881 | 10,781 | 21.6 | 41,875 | 7,019 | 16.8 | 1,804 | 663 | 36.8 | 6,202 | 3,099 | 50.0 | 16,311 | 6,440 | 39.5 | 1993...........................| 50,623 | 10,985 | 21.7 | 42,051 | 6,843 | 16.3 | 1,936 | 786 | 40.6 | 6,636 | 3,357 | 50.6 | 16,566 | 6,417 | 38.7 | | | | | | | | | | | | | | | | | Current Renters | | | | | | | | | | | | | | | | 1984...........................| 18,825 | 15,918 | 84.6 | 11,771 | 9,190 | 78.1 | 994 | 877 | 88.2 | 6,060 | 5,851 | 96.6 | 16,524 | 14,053 | 85.0 | 1988...........................| 19,417 | 15,990 | 82.3 | 11,857 | 8,951 | 75.5 | 1,122 | 976 | 87.0 | 6,438 | 6,063 | 94.2 | 18,261 | 15,494 | 84.8 | 1991...........................| 19,662 | 16,520 | 84.0 | 11,373 | 8,624 | 75.8 | 1,007 | 909 | 90.3 | 7,282 | 6,988 | 96.0 | 19,699 | 16,884 | 85.7 | 1993...........................| 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 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |