Housing Trillemma
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MeasureDescriptionSource
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Housing Affordability
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Price Income RatioMedian home value to median household income ratio2016 ACS
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Cost Burdened RentersShare of rental households spending 30% of more of their income on rent2016 ACS
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Vacancy RateShare of all housing units that are vacant, excluding those vacant for seasonal or recreational use, or for migrant workers2016 ACS
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Economic Strength
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Job GrowthEmployment growth from 2000 to 2016IHS Global Insight
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Working Age Emp-Pop RatioShare of population 25-54 years old that is employed2016 ACS
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Start-UpsShare of all firms that are < 3 years old, 2014U.S. Census Bureau
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Quality of Life
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Quality of LifeMeasure based on: heating and cooling degree days, sunshine, average slope of the land in the metropolitan area, coastal proximity, violent crimes per capita, property crimes per capita, air quality index, bars and restaurants, and arts and culture indexhttp://davidalbouy.net/improvingqol.pdf
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Household Purchasing PowerMedian household income adjusted for cost of living (regional price parities)2016 ACS, 2015 BEA
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Policy
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Housing Unit GrowthHousing unit growth from 2000 to 2016, using 2013 MSA definitions2000 Census, 2016 ACS
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Housing Cost DifferentialDifferences in home values relative to underlying costs and land valueshttp://davidalbouy.net/cityvalue.pdf
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