Statistics · 2026 · Real Estate

Housing Affordability Statistics (2026)

The median home price-to-income ratio across 758 WealthyBud metros with at least 100 active listings is 5.32× as of June 2026 — the typical local household would need more than five years of pretax income to buy the median-priced home outright. Nantucket, MA is the least affordable market WealthyBud tracks at 41.1× income; Pampa, TX is the most affordable at 1.5×. Nationally, the National Association of Realtors’ Housing Affordability Index stood at 110.6 in April 2026, meaning the typical family earned slightly more than the qualifying income needed for a median-priced existing home.

Key takeaways

What is the median home price-to-income ratio nationally?

Across 758 U.S. metros WealthyBud tracks with at least 100 active listings, the median home price-to-income ratio is 5.32×, meaning the typical home costs about five times the local median household income. 459 of 758 metros clear a 5× ratio, and 86 top 8×.

1. National median price-to-income ratio: 5.32×

Across 758 guarded U.S. metros (active listings ≥ 100), the median ratio of home price to local household income is 5.32× as of June 2026 (WealthyBud data · 758 metros).

2. 60.6% of metros price above 5× local income

459 of 758 guarded metros carry a median price at or above five times local median household income as of June 2026 (WealthyBud data · 758 metros).

3. 11.3% of metros price above 8× local income

86 guarded metros — about one in nine — price at or above eight times local median household income, a threshold many lenders treat as severely stretched (WealthyBud data · 758 metros).

Which housing markets are least and most affordable?

Nantucket, MA is the least affordable metro WealthyBud tracks, at 41.1× local income, driven by a $4.92M median price against $119,750 local income. Pampa, TX is the most affordable at 1.54×.

4. Nantucket, MA is the least affordable metro WealthyBud tracks: 41.1× income

Nantucket, MA carries a $4.92M median price against a $119,750 local median household income, a 41.1× ratio, among metros with at least 100 active listings (WealthyBud data · June 2026).

5. Pampa, TX is the most affordable: 1.54× income

Pampa, TX carries a $87,500 median price against a $56,658 local median household income, a 1.54× ratio (WealthyBud data · June 2026).

6. Vineyard Haven, MA is a close second at 24.4×

Vineyard Haven, MA — like Nantucket an island vacation market off the Massachusetts coast — carries a 24.4× ratio on a $2.5M median price, showing the least-affordable ranking is not a single-metro fluke (WealthyBud data · June 2026).

5 least affordable U.S. metros by price-to-income ratio, June 2026
MetroPrice-to-income ratioMedian priceLocal median income
Nantucket, MA41.1×$4.92M$119,750
Vineyard Haven, MA24.4×$2.5M$102,348
Aguadilla, PR23.7×$493,250$20,800
San Juan, PR23.2×$650,000$27,966
Jackson, WY18.7×$2M$106,679
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How much of local income does rent take up?

The median local household spends 18.5% of its income on rent across 758 guarded metros WealthyBud tracks, well under the 30%-of-income line commonly used to mark a household as cost-burdened. Aguadilla, PR runs highest at 29.2%, still short of that threshold.

7. Median rent burden: 18.5% of local income

Multiplying each metro’s Census ACS median gross rent by 12 and dividing by local median household income gives a median rent burden of 18.5% across 758 guarded metros as of June 2026 (WealthyBud data · 758 metros).

8. Highest rent burden: Aguadilla, PR at 29.2%

Aguadilla, PR posts the highest rent burden in the guarded pool, 29.2% of local income, on a median monthly rent of $506 against $20,800 local income (WealthyBud data · June 2026).

9. Lowest rent burden: Evanston, WY at 12.9%

Evanston, WY posts the lowest rent burden, 12.9% of local income, on a median monthly rent of $876 against $81,526 local income (WealthyBud data · June 2026).

10. 0 of 758 guarded metros cross the 30% rent-burden line

Not one of the 758 guarded metros in WealthyBud’s pool crosses the 30%-of-income threshold that HUD and the Census Bureau use to define a cost-burdened renter household — a sharp contrast with the ownership-side pressure NAR reports below (WealthyBud data · June 2026).

What does the NAR Housing Affordability Index show nationally?

The National Association of Realtors’ Housing Affordability Index read 110.6 in April 2026 (preliminary), meaning the typical family earned about 111% of the income needed to qualify for a median-priced existing home. The typical mortgage principal-and-interest payment took 22.6% of family income, and affordability varies sharply by region.

11. NAR Housing Affordability Index: 110.6 (April 2026, preliminary)

A family earning the median U.S. family income of $112,275 had 110.6% of the $101,520 qualifying income needed to buy the $422,300 median-priced existing home at a 6.41% effective mortgage rate, per the National Association of Realtors’ April 2026 Housing Affordability Index, released May 11, 2026.

12. Mortgage payment eats 22.6% of the typical family’s income

The estimated principal-and-interest payment on the median-priced home, $2,115 a month, ran 22.6% of median family income in April 2026, per the same NAR release — NAR’s index qualifies buyers at a 25% payment-to-income ratio.

13. The Midwest is the most affordable U.S. region: index of 138.0

The Midwest posted the highest regional Affordability Index, 138.0, on a $327,600 median price and a payment equal to 18.1% of income, per NAR’s April 2026 data.

14. The West is the least affordable U.S. region: index of 81.0

The West posted the lowest regional Affordability Index, 81.0, on a $629,200 median price and a payment equal to 30.9% of income — the only region above NAR’s 25% qualifying ratio — per the same NAR release.

NAR Housing Affordability Index by region, April 2026 (preliminary)
RegionMedian existing-home pricePayment as % of incomeAffordability index
Northeast$524,70025.3%98.7
Midwest$327,60018.1%138.0
South$373,10021.5%116.5
West$629,20030.9%81.0

What is the median U.S. household income?

U.S. median household income was $83,730 in 2024, per the Census Bureau, not statistically different from $82,690 in 2023. WealthyBud’s guarded metro pool medians lower, at $66,150, reflecting each metro’s own ACS estimate rather than a single national figure.

15. U.S. median household income: $83,730 (2024)

The Census Bureau put median household income at $83,730 in 2024, not statistically different from $82,690 in 2023, per "Income in the United States: 2024" (report P60-286), released September 9, 2025.

16. WealthyBud’s median local metro household income: $66,150

Across 758 guarded metros, the median of each metro’s own American Community Survey 5-year household income estimate is $66,150 — lower than the Census national figure because it is a median of local metro medians, not a national aggregate (WealthyBud data · 758 metros).

17. Local incomes range from $20,400 to $157,444

Mayaguez, PR has the lowest local median household income WealthyBud tracks, $20,400, versus $157,444 in San Jose, CA — nearly an eight-fold spread (WealthyBud data · June 2026).

18. National income understates local price-to-income ratios: 4.2× versus 5.32×

Dividing WealthyBud’s $350,000 median guarded-pool list price by the Census Bureau’s single $83,730 national income figure gives 4.2× — lower than the 5.32× median computed using each metro’s own local income, because guarded-pool metros skew toward lower local incomes than the national figure (WealthyBud data · Census, 2024).

What this means for buyers, renters and policymakers

For buyers, the 11.3% of metros priced above 8× local income are where a conventional mortgage alone rarely closes the gap; a larger down payment, dual incomes or a lower-cost metro matter more than rate shopping (WealthyBud data · 758 metros).

For renters, the picture looks better: no guarded metro crosses the 30% rent-burden line, even as ownership costs run 22.6% to 30.9% of income by NAR’s regional data — renting currently carries less measured cost-burden risk than buying in most tracked metros.

For policymakers, the 60.6% of metros above the 5× benchmark, concentrated in coastal and vacation markets like Nantucket, MA, show the affordability crisis is geographically uneven, not universal — Pampa, TX and similar Midwest metros stay well within local incomes.

National income figures can mislead. The Census Bureau’s single $83,730 national median produces a lower, less accurate ratio than each metro’s own local income — match price and income to the same geography before drawing conclusions.

Frequently asked questions

What is a price-to-income ratio?
A price-to-income ratio divides a metro's median home price by its median household income, so a ratio of 5.0 means the median home costs five times the median local income. Lower ratios signal housing that is closer to what local pay can support.
What is the least affordable housing market in the U.S.?
Nantucket, MA is the least affordable metro WealthyBud tracks among markets with at least 100 active listings, at 41.1 times local median household income as of June 2026. Vineyard Haven, MA, another Massachusetts island market, ranks a close second at 24.4 times income.
What is the most affordable housing market in the U.S.?
Pampa, TX is the most affordable metro WealthyBud tracks among markets with at least 100 active listings, at 1.54 times local median household income as of June 2026.
What is the NAR Housing Affordability Index?
The National Association of Realtors' Housing Affordability Index compares the income a typical family earns with the income needed to qualify for a mortgage on the median-priced existing home. A reading of 100 means a family has exactly the qualifying income; the index read 110.6 in April 2026, preliminary.
What percentage of income should you spend on housing?
HUD and the Census Bureau generally define a household as cost-burdened once housing costs, including utilities, exceed 30 percent of gross income. By that standard, none of the 758 guarded metros in WealthyBud's dataset crosses that line on rent, though NAR data shows the West region's typical mortgage payment does, at 30.9 percent of income.
What is the median household income in the United States?
U.S. median household income was $83,730 in 2024, not statistically different from $82,690 in 2023, according to the Census Bureau's Income in the United States: 2024 report, released September 9, 2025.
Is rent affordable relative to income in 2026?
By the standard 30-percent-of-income cost-burden threshold, yes, in most tracked metros. The median local household spends 18.5 percent of its income on rent across WealthyBud's 758 guarded metros, and even the highest-burden metro, Aguadilla, Puerto Rico, stays under 30 percent at 29.2 percent.
Which U.S. region is least affordable for homebuyers?
The West is the least affordable U.S. region for buyers, with an NAR Housing Affordability Index of 81.0 in April 2026 — the only region where the typical mortgage payment, 30.9 percent of income, exceeds NAR's 25 percent qualifying ratio. The Midwest is most affordable, at an index of 138.0.
Figures on this page combine WealthyBud’s own real-estate dataset with cited public sources current as of June 2026 or later, as noted per statistic. This is a demonstration research page, not investment advice.

Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.