Search results
Results from the WOW.Com Content Network
Since about 1970, California has been experiencing an extended and increasing housing shortage, [1] : 3 such that by 2018, California ranked 49th among the states of the U.S. in terms of housing units per resident. [2] : 1 [3] This shortage has been estimated to be 3-4 million housing units (20-30% of California's housing stock, 14 million [4 ...
San Jose, California. Income Needed for Single Adult: $136,739. Income Needed for Two Adults with Two Children: $334,547. San Jose, in the heart of Silicon Valley, has one of the highest costs of ...
The following is a list of California locations by income. California had a per capita income of $29,906 during the five-year period comprising years 2010 through 2014. About every third county and every third place in California had per capita incomes above the state average. Though somewhat counterintuitive, this implies that counties and ...
San Francisco has the slowest permitting process of any large city in the United States. The first stage can take an average of 450 calendar days, and the second stage taking 630 days for typical multi-family housing, or 860 days for a single-family house, [3] and the second-most expensive construction costs in the world ($473 / sq. ft.). [4]
June 14, 2024 at 10:08 AM. These cities are now so expensive they’re considered ‘impossibly unaffordable’. Anyone with half an eye on the housing market over the last two decades will know ...
Read on to learn the 30 cities where a renter’s money can go the farthest. DenisTangneyJr / Getty Images. 30. Jacksonville, NC. Average renter household income: $49,707. Monthly rent: $1,181 ...
The 2018 median home price in Silicon Valley was $1.18 million, a 21% increase from 2017. [3] Almost 90% of low income renters in the San Jose-Sunnyvale-Santa Clara metro area were cost burdened in 2017, meaning they spent more than 30% of their income on housing. [4] Over a third of mid-income renters were cost burdened as well.
It shouldn’t be a huge surprise that the Big Apple takes the cake for being the most rent-burdened city in the U.S. Renters pay a whopping 57.1% of their income each month on rent. In order to ...