Performance indicator:

Housing Affordability Index

Indicator description:

This indicator provides a measure of access to prosperity and housing opportunities. The Housing Affordability Index is the ratio of median family income to the income required to qualify for an 80 percent, fixed-rate mortgage to purchase the median-priced home. The MLS Area represents the local reporting realtors association's coverage area.

This indicator is associated with the following goals:

Note: Plan Houston's performance indicators are intended to inform the public and policy makers on the community's success at achieving Plan Houston's community goals. Identifying current performance is a first step; future steps could include tracking progress over time and establishing preferences on outcomes.