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, 1995 (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.............| 38,075 | 52.2 | 23,110 | 42.2 | 2,349 | 73.2 | 12,616 | 84.5 | 28,648 | 75.6 | Modestly priced home...........| 32,396 | 44.4 | 18,739 | 34.2 | 2,054 | 64.1 | 11,603 | 77.7 | 24,913 | 65.7 | Low-priced home................| 29,002 | 39.8 | 16,479 | 30.1 | 1,838 | 57.3 | 10,686 | 71.5 | 22,179 | 58.5 | New single-family home.........| 45,916 | 63.0 | 29,729 | 54.3 | 2,659 | 82.9 | 13,528 | 90.6 | 32,027 | 84.5 | Condominium....................| 37,713 | 51.7 | 22,829 | 41.7 | 2,306 | 71.9 | 12,579 | 84.2 | 28,462 | 75.1 | Price adjusted home............| 37,534 | 51.5 | 22,686 | 41.4 | 2,318 | 72.3 | 12,530 | 83.9 | 28,303 | 74.7 | | | | | | | | | | | | | | | | | | | | | | | Current owners | | | | | | | | | | | Median-priced home.............| 18,086 | 35.1 | 12,394 | 29.0 | 1,022 | 55.8 | 4,670 | 68.0 | 9,455 | 54.4 | Modestly priced home...........| 13,092 | 25.4 | 8,572 | 20.0 | 755 | 41.2 | 3,765 | 54.9 | 6,548 | 37.7 | Low-priced home................| 10,325 | 20.1 | 6,782 | 15.9 | 579 | 31.6 | 2,964 | 43.2 | 4,766 | 27.4 | New single-family home.........| 25,498 | 49.5 | 18,656 | 43.6 | 1,309 | 71.4 | 5,534 | 80.6 | 12,296 | 70.8 | Condominium....................| 17,773 | 34.5 | 12,128 | 28.4 | 992 | 54.1 | 4,653 | 67.8 | 9,360 | 53.9 | Price adjusted home............| 17,566 | 34.1 | 11,982 | 28.0 | 995 | 54.3 | 4,589 | 66.9 | 9,210 | 53.0 | | | | | | | | | | | | | | | | | | | | | | | Current renters | | | | | | | | | | | Median-priced home.............| 19,989 | 93.3 | 10,716 | 89.5 | 1,326 | 96.5 | 7,947 | 98.4 | 19,193 | 93.4 | Modestly priced home...........| 19,304 | 90.1 | 10,167 | 84.9 | 1,299 | 94.5 | 7,838 | 97.1 | 18,365 | 89.4 | Low-priced home................| 18,677 | 87.2 | 9,697 | 80.9 | 1,259 | 91.6 | 7,722 | 95.7 | 17,413 | 84.8 | New single-family home.........| 20,418 | 95.3 | 11,073 | 92.4 | 1,350 | 98.2 | 7,995 | 99.0 | 19,731 | 96.0 | Condominium....................| 19,941 | 93.1 | 10,701 | 89.3 | 1,314 | 95.6 | 7,926 | 98.2 | 19,102 | 93.0 | Price adjusted home............| 19,968 | 93.2 | 10,704 | 89.4 | 1,323 | 96.3 | 7,941 | 98.4 | 19,093 | 92.9 | | | | | | | | | | | | | | | | | | | | | | | ------------------------------------------------------------------------------------------------------------------------------------------------- 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, 1995 - 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.............| 37,180 | 51.0 | 22,205 | 40.6 | 2,347 | 73.2 | 12,629 | 84.6 | 28,469 | 75.1 | Modestly priced home...........| 30,703 | 42.1 | 17,190 | 31.4 | 2,015 | 62.8 | 11,499 | 77.0 | 24,445 | 64.5 | Low-priced home................| 26,525 | 36.4 | 14,264 | 26.1 | 1,769 | 55.2 | 10,492 | 70.3 | 21,346 | 56.3 | New single-family home.........| 45,765 | 62.8 | 29,564 | 54.0 | 2,673 | 83.3 | 13,528 | 90.6 | 31,980 | 84.4 | Condominium....................| 36,877 | 50.6 | 21,998 | 40.2 | 2,298 | 71.6 | 12,581 | 84.2 | 28,373 | 74.8 | Price adjusted home.......... | 36,521 | 50.1 | 21,703 | 39.6 | 2,312 | 72.1 | 12,507 | 83.7 | 28,183 | 74.3 | | | | | | | | | | | | | | | | | | | | | | | Current owners | | | | | | | | | | | Median-priced home.............| 17,412 | 33.8 | 11,709 | 27.4 | 1,021 | 55.7 | 4,683 | 68.2 | 9,380 | 54.0 | Modestly priced home...........| 11,833 | 23.0 | 7,387 | 17.3 | 743 | 40.5 | 3,703 | 54.0 | 6,396 | 36.8 | Low-priced home................| 8,692 | 16.9 | 5,281 | 12.3 | 558 | 30.5 | 2,853 | 41.6 | 4,475 | 25.8 | New single-family home.........| 25,388 | 49.3 | 18,537 | 43.3 | 1,323 | 72.2 | 5,528 | 80.5 | 12,261 | 70.6 | Condominium....................| 17,147 | 33.3 | 11,508 | 26.9 | 985 | 53.8 | 4,653 | 67.8 | 9,389 | 54.1 | Price adjusted home.......... | 16,800 | 32.6 | 11,216 | 26.2 | 995 | 54.3 | 4,589 | 66.9 | 9,206 | 53.0 | | | | | | | | | | | | | | | | | | | | | | | Current renters | | | | | | | | | | | Median-priced home.............| 19,768 | 92.3 | 10,496 | 87.6 | 1,326 | 96.5 | 7,946 | 98.4 | 19,089 | 92.9 | Modestly priced home...........| 18,870 | 88.1 | 9,803 | 81.8 | 1,272 | 92.6 | 7,795 | 96.6 | 18,049 | 87.9 | Low-priced home................| 17,832 | 83.2 | 8,983 | 75.0 | 1,211 | 88.1 | 7,639 | 94.6 | 16,871 | 82.1 | New single-family home.........| 20,377 | 95.1 | 11,027 | 92.1 | 1,350 | 98.2 | 8,000 | 99.1 | 19,719 | 96.0 | Condominium....................| 19,730 | 92.1 | 10,490 | 87.6 | 1,312 | 95.5 | 7,928 | 98.2 | 18,984 | 92.4 | Price adjusted home.......... | 19,721 | 92.1 | 10,487 | 87.5 | 1,317 | 95.8 | 7,917 | 98.1 | 18,977 | 92.4 | | | | | | | | | | | | | | | | | | | | | | | -------------------------------------------------------------------------------------------------------------------------------------------------