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Interactive: Least Affordable Housing in the U.S.

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The Least Affordable Housing in the United States

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Interactive: Least Affordable Housing in the U.S.

It doesn’t always make sense to measure affordability by a price in absolute dollars.

With real estate in particular, every county is different and value may be relative depending on the area in question. A ranch that seems expensive to a farmer in Nebraska may be a drop in the bucket for a lawyer from Manhattan.

Today’s interactive chart from Overflow Data shows median home values plotted against median household income, which helps give you a feel for where the least affordable housing in the U.S. is located. It’s also worth noting that in this visualization, that data comes from the ACS 2011-2015 5 year estimates from the U.S. Census Bureau.

Expensive by any Measure

The least affordable housing in the U.S. falls into two categories: places that you would expect (San Francisco, New York City) and counties that may be off your radar, such as a few in Massachusetts, Washington, or Wyoming.

The Bay Area, not surprisingly, has some of the least affordable housing in the country – both in absolute terms, and in terms relative to income. There is no shortage of anecdotes for the madness occurring in San Francisco and the surrounding area, and the data reflects that.

In San Francisco proper, the median home value is $800,000 with a median income of $81,000, giving a price-to-income ratio of 9.8. Meanwhile, in Silicon Valley, housing is nearly as pricey, but many people are able to make up for it with higher incomes: San Mateo County has a ratio of 8.3, and Santa Clara County has a ratio of 7.3.

New York City, with its five boroughs, is also interesting to look at. Here they are ranked by price-to-income:

  1. Kings County (Brooklyn): 11.8 (House value: $570,000, Income: $48,000)
  2. New York County (Manhattan): 11.7 (House value: $849,000, Income: $73,000)
  3. Bronx County (The Bronx): 10.6 (House value: $363,000, Income: $34,000)
  4. Queens County (Queens): 7.8 (House value: $450,000, Income: $58,000)
  5. Richmond County (Staten Island): 6.0 (House value: $440,000, Income: $73,000)

Brooklyn is the most expensive borough based on price-to-income, just nudging out Manhattan. The Bronx also has some of the least affordable housing in the country, mainly due to lower income levels than the rest of the city.

Pricey Enclaves

As mentioned before, states like Wyoming, Massachusetts, Colorado, and Washington also have counties that are quite expensive in terms of price-to-income.

  • Teton County, Wyoming: 9.1 (House value: $689,000, Income: $75,000)
  • Pitkin County, Colorado: 8.7 (House value: $621,000, Income: $71,000)
  • San Miguel County, Colorado: 9.1 (House value: $513,000, Income: $56,000)
  • Nantucket County, Massachusetts: 10.7 (House value: $903,000, Income: $84,000)
  • Dukes County, Massachusetts: 10.3 (House value: $661,000, Income: $64,000)
  • San Juan County, Washington: 8.3 (House value: $466,000, Income: $56,000)

Many of these, such as Teton County or Pitkin County, are located in the mountains.

Others, like the San Juans or Nantucket are made up of beautiful islands that are relatively close to major cities – in this case, Seattle and Providence/Boston respectively.

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Mapped: The 10 U.S. States With the Lowest Real GDP Growth

In this graphic, we show where real GDP lagged the most across America in 2023 as high interest rates weighed on state economies.

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The Top 10 U.S. States, by Lowest Real GDP Growth

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

While the U.S. economy defied expectations in 2023, posting 2.5% in real GDP growth, several states lagged behind.

Last year, oil-producing states led the pack in terms of real GDP growth across America, while the lowest growth was seen in states that were more sensitive to the impact of high interest rates, particularly due to slowdowns in the manufacturing and finance sectors.

This graphic shows the 10 states with the least robust real GDP growth in 2023, based on data from the Bureau of Economic Analysis.

Weakest State Economies in 2023

Below, we show the states with the slowest economic activity in inflation-adjusted terms, using chained 2017 dollars:

RankStateReal GDP Growth 2023 YoYReal GDP 2023
1Delaware-1.2%$74B
2Wisconsin+0.2%$337B
3New York+0.7%$1.8T
4Missississippi+0.7%$115B
5Georgia+0.8%$661B
6Minnesota+1.2%$384B
7New Hampshire+1.2%$91B
8Ohio+1.2%$698B
9Iowa+1.3%$200B
10Illinois+1.3%$876B
U.S.+2.5%$22.4T

Delaware witnessed the slowest growth in the country, with real GDP growth of -1.2% over the year as a sluggish finance and insurance sector dampened the state’s economy.

Like Delaware, the Midwestern state of Wisconsin also experienced declines across the finance and insurance sector, in addition to steep drops in the agriculture and manufacturing industries.

America’s third-biggest economy, New York, grew just 0.7% in 2023, falling far below the U.S. average. High interest rates took a toll on key sectors, with notable slowdowns in the construction and manufacturing sectors. In addition, falling home prices and a weaker job market contributed to slower economic growth.

Meanwhile, Georgia experienced the fifth-lowest real GDP growth rate. In March 2024, Rivian paused plans to build a $5 billion EV factory in Georgia, which was set to be one of the biggest economic development initiatives in the state in history.

These delays are likely to exacerbate setbacks for the state, however, both Kia and Hyundai have made significant investments in the EV industry, which could help boost Georgia’s manufacturing sector looking ahead.

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