Owning is Less Expensive Than Renting in Phoenix | John Burns Real Estate Consulting

Owning is Less Expensive Than Renting in Phoenix


Phoenix is the most unique market in the country right now. Any renter with a stable job and the desire to become a homeowner and live in Phoenix for a long time should be buying a home right now because affordability has never been better (our analysis goes back to 1981).

However, the problem is that few have a stable job. Phoenix has lost a whopping 86,800 jobs in the last 12 months, which is 4.5% of its employment base, and every major sector of the economy has lost jobs except Education and Health Services.

Every month, we compile 9 pages of data and charts with history and forecasts for all of the major housing markets in the country. To provide our busy clients with a quick snapshot, we highlight 8 statistics at the top of the first page and color-code them (green is good, yellow is ok, and red is bad). No market looks like Phoenix, although Las Vegas is close.

One of the charts we compile is a comparison between owning a home and renting. In 2006, owning a typical detached resale home was $600 per month more expensive (after taxes) than renting a Class A apartment. Today, owning is $118 per month cheaper. Rents and home prices are both likely to fall in 2009, but the prospective homeowner who hopes to buy a home at the bottom is taking a huge risk that he or she will be able to qualify for a mortgage, not only because mortgage rates are currently at historic lows, but the high LTV (loan-to-value) programs that are currently backed by the government may no longer exist.

Update on Affordability: The combination of falling home prices and low mortgage rates continues to create an environment where housing affordability is now better than average in most areas. Of the 319 metro areas listed below, 134 metro areas are at their historical best affordability level, dating back to 1981. No market falls into our category of “Areas of Significant Affordability Concern” (a Housing Cycle Barometer™ rating of 7.6 or higher), and the least affordable market (Baltimore) has a Housing Cycle Barometer™ rating of just 6.5 (out of 10). For more information on our Housing Cycle Barometer™, click here.

This is the most current available data for all variables and markets.

Permits Statistics
Employment Statistics
Affordability
12-
12-
Total
NF Payroll Employment
State
Metro Area
Month
S. Fam. Permits
Month
Total Permits
Permits / Peak Permits
1-Yr Growth
1-Yr Growth Rate
Unemp Rate
Median Home Price
Housing Costs / Income
Housing Cycle Barometer
Alabama
Anniston-Oxford 182 196 42% (400) (0.7%) 6.5% $89,901 19% 0.0
Auburn-Opelika 744 876 40% (100) (0.2%) 5.4% $136,992 27% 0.0
Birmingham 2,422 3,456 44% (10,300) (1.9%) 5.7% $152,681 25% 0.0
Decatur 201 213 23% (1,600) (2.7%) 6.5% $99,578 20% 0.0
Dothan 373 373 50% (1,700) (2.7%) 6.0% $94,131 20% 0.0
Florence 248 385 49% (600) (1.0%) 7.0% $98,750 20% 0.0
Huntsville 2,214 2,953 59% (300) (0.1%) 4.7% $125,146 19% 0.0
Mobile 1,414 2,336 84% (1,200) (0.7%) 6.5% $133,063 26% 2.3
Montgomery 614 622 24% (1,400) (0.8%) 6.5% $129,095 22% 0.0
Tuscaloosa 537 1,264 48% (1,300) (1.3%) 5.6% $124,045 25% 0.0
Alaska
Anchorage 269 464 5% 2,300 1.4% 6.6% $201,296 23% 0.2
Arizona
Flagstaff 268 274 20% (700) (1.1%) 6.4% $202,121 36% 3.0
Phoenix 12,609 18,661 27% (86,800) (4.5%) 6.1% $140,000 21% 0.0
Prescott 649 831 19% (3,700) (5.6%) 7.0% $175,377 34% 0.2
Tucson 2,615 3,197 25% (15,700) (4.1%) 6.3% $173,500 31% 2.4
Yuma 893 898 33% (4,500) (7.9%) 15.4% $165,288 35% 5.2
Arkansas
Fayetteville 1,328 3,152 42% (2,500) (1.2%) 4.6% $111,162 17% 0.0
Fort Smith 487 746 57% (1,600) (1.3%) 6.1% $79,332 15% 0.0
Little Rock 1,880 2,860 50% (5,800) (1.7%) 4.9% $126,080 18% 0.0
California
Bakersfield 1,696 2,791 32% 800 0.3% 11.8% $144,000 27% 2.2
Chico 556 616 31% (1,600) (2.1%) 10.3% $208,000 41% 3.7
El Centro 193 242 11% (100) (0.2%) 22.6% $140,000 30% 1.2
Fresno 2,326 2,727 37% (3,700) (1.2%) 13.2% $154,000 29% 2.1
Hanford 209 346 26% 200 0.6% 12.9% $142,500 26% 3.3
Los Angeles 3,202 11,857 17% (41,500) (1.0%) 9.5% $320,000 49% 2.5
Madera 253 260 12% 0 0.0% 11.9% $155,000 32% 3.9
Merced 252 357 10% (300) (0.5%) 15.5% $118,000 23% 0.0
Modesto 530 596 9% (3,700) (2.3%) 13.6% $155,000 25% 0.0
Monterey 259 491 17% (900) (0.7%) 13.7% $235,000 34% 0.0
Napa 232 236 24% (900) (1.4%) 7.4% $370,000 45% 3.1
Oakland 1,795 3,892 17% (32,000) (3.0%) 7.7% $275,000 32% 0.0
Orange County 1,337 3,456 14% (41,400) (2.7%) 6.5% $425,000 47% 3.0
Redding 372 465 20% (3,100) (4.7%) 12.2% $189,000 35% 3.2
Riverside-San Bernardino 5,800 9,030 16% (38,500) (3.0%) 10.1% $190,000 28% 1.7
Sacramento 3,920 5,475 23% (23,400) (2.6%) 8.7% $196,000 27% 0.0
San Diego 2,147 5,124 12% (18,400) (1.4%) 7.4% $333,000 44% 1.9
San Francisco 607 3,468 51% (9,400) (0.9%) 6.1% $600,000 65% 2.7
San Jose 968 3,341 33% (11,700) (1.3%) 7.8% $437,000 43% 1.6
San Luis Obispo 678 869 24% (2,900) (2.7%) 7.1% $405,000 65% 5.4
Santa Barbara 214 295 11% (1,300) (0.7%) 7.2% $270,000 40% 0.2
Santa Cruz 305 346 25% (1,200) (1.2%) 10.0% $429,000 54% 1.7
Santa Rosa 521 635 11% (2,000) (1.0%) 7.0% $320,000 42% 1.4
Stockton 784 838 12% (5,900) (2.7%) 13.0% $165,000 25% 0.0
Vallejo-Fairfield 325 557 9% (2,200) (1.7%) 8.6% $215,000 28% 0.6
Ventura 368 833 11% (8,200) (2.8%) 8.0% $356,000 39% 1.7
Visalia-Porterville 1,262 1,474 41% (1,900) (1.7%) 14.3% $144,250 27% 1.7
Yuba-Sutter 170 236 8% (2,300) (5.4%) 14.9% $162,500 30% 1.7
Colorado
Boulder 184 524 10% 2,300 1.4% 4.8% $279,000 30% 1.0
Colorado Springs 1,632 2,064 19% (4,200) (1.6%) 6.9% $175,000 22% 0.0
Denver 3,970 8,799 31% (11,500) (0.9%) 6.3% $190,700 23% 0.0
Fort Collins 710 1,328 36% (1,600) (1.1%) 4.9% $208,841 26% 0.8
Grand Junction 692 784 38% 2,200 3.4% 4.6% $167,214 27% 1.5
Greeley 854 982 22% (300) (0.4%) 6.3% $145,000 19% 0.0
Pueblo 379 416 29% (300) (0.5%) 7.4% $83,138 15% 0.0
Connecticut
Bridgeport 698 1,949 37% (4,300) (1.0%) 6.0% $419,447 41% 0.0
Hartford 1,124 1,682 16% (6,400) (1.1%) 6.7% $223,525 27% 0.0
New Haven 563 874 12% (5,000) (1.8%) 6.6% $246,278 32% 1.9
Delaware
Dover 820 948 43% 100 0.2% 5.8% $183,434 30% 4.8
Wilmington 981 1,610 25% (7,700) (2.1%) 6.1% $205,968 28% 2.4
District of Columbia
Washington D.C. 7,270 11,345 30% 11,000 0.5% 4.9% $280,803 27% 1.4
Florida
Daytona Beach 976 1,316 17% (3,500) (2.0%) 8.6% $121,000 23% 1.5
Fort Lauderdale 965 2,083 11% (27,200) (3.4%) 6.8% $215,000 33% 3.6
Fort Myers 1,216 1,602 6% (11,700) (5.1%) 10.0% $105,000 17% 0.0
Fort Walton Beach 398 792 21% (2,200) (2.6%) 6.0% $184,561 27% 2.2
Gainesville 445 1,017 31% (1,800) (1.3%) 5.3% $171,265 37% 4.4
Jacksonville 5,135 6,949 28% (15,400) (2.4%) 7.4% $160,000 25% 3.7
Lakeland 2,240 3,221 24% (5,900) (2.7%) 8.7% $128,000 24% 3.7
Melbourne 1,231 1,602 16% (5,700) (2.7%) 8.4% $120,000 20% 0.9
Miami 1,116 3,494 13% (27,600) (2.6%) 7.0% $216,000 41% 5.1
Naples 652 951 12% (5,700) (4.3%) 8.1% $235,000 33% 2.0
Ocala 1,149 1,171 16% (3,400) (3.2%) 10.1% $120,000 24% 3.1
Orlando 5,288 10,284 29% (19,100) (1.7%) 7.7% $170,000 28% 3.8
Panama City 406 914 17% (2,600) (3.4%) 9.0% $179,497 31% 4.9
Pensacola 1,138 1,330 21% (1,900) (1.1%) 7.5% $135,762 24% 0.4
Port St. Lucie 858 1,253 12% (2,900) (2.1%) 9.7% $130,300 22% 1.2
Sarasota 1,468 1,973 14% (12,600) (4.3%) 8.4% $165,000 27% 2.3
Tallahassee 1,033 1,793 42% (3,400) (1.9%) 5.7% $149,800 29% 0.0
Tampa 5,081 9,432 25% (34,400) (2.6%) 8.3% $135,000 24% 2.3
West Palm Beach 1,277 2,182 9% (14,700) (2.5%) 7.8% $210,000 31% 3.0
Georgia
Albany 269 322 26% (800) (1.2%) 7.4% $88,540 20% 0.0
Athens 528 722 31% 100 0.1% 6.1% $130,660 26% 0.0
Atlanta 12,308 19,078 26% (82,000) (3.3%) 7.6% $144,310 19% 0.0
Augusta 1,714 1,794 33% (5,100) (2.3%) 7.8% $114,113 20% 0.0
Columbus 770 1,047 47% (2,700) (2.2%) 7.7% $104,778 20% 0.0
Dalton 243 348 32% (4,100) (5.2%) 11.2% $102,703 19% 0.0
Gainesville 356 363 14% (700) (0.9%) 7.0% $143,180 24% 1.3
Macon 533 880 47% (1,600) (1.6%) 7.8% $99,642 19% 0.0
Savannah 1,538 2,068 43% (3,000) (1.8%) 6.6% $141,112 25% 2.6
Valdosta 708 852 58% (1,700) (3.0%) 7.4% $103,970 23% 0.0
Warner Robins 667 872 41% (1,800) (3.0%) 6.3% $96,728 15% 0.0
Hawaii
Honolulu 780 1,438 29% (8,400) (1.8%) 4.2% $557,257 65% 3.7
Idaho
Boise City 2,438 2,878 25% (11,700) (4.2%) 7.1% $170,010 24% 1.5
Coeur D’Alene 697 774 29% (2,400) (4.1%) 7.5% $165,651 27% 1.0
Illinois
Bloomington 320 481 28% (600) (0.6%) 5.4% $155,820 24% 0.0
Champaign-Urbana 354 865 40% 100 0.1% 6.1% $138,638 25% 1.9
Chicago 5,680 13,551 31% (57,500) (1.5%) 7.0% $213,750 29% 0.8
Decatur 583 595 100% (400) (0.7%) 7.9% $82,344 16% 0.1
Lake-Kenosha 941 1,036 16% (500) (0.1%) 8.0% $240,821 27% 0.0
Peoria 780 903 47% 1,500 0.8% 6.3% $116,349 19% 2.6
Rockford 359 466 18% (3,900) (2.4%) 12.5% $110,316 18% 3.7
Springfield 247 572 37% (300) (0.3%) 6.3% $105,566 17% 0.0
Indiana
Bloomington 362 611 50% (4,400) (5.2%) 6.6% $121,617 24% 0.0
Elkhart-Goshen 343 493 30% (7,900) (6.1%) 15.3% $105,498 17% 0.0
Evansville 557 791 36% (2,500) (1.4%) 6.7% $91,680 17% 0.0
Fort Wayne 767 1,012 27% (1,700) (0.8%) 8.2% $90,344 15% 0.0
Gary 1,144 1,527 33% (1,500) (0.5%) 8.3% $119,558 18% 0.0
Indianapolis 4,386 7,108 41% (5,400) (0.6%) 6.7% $111,022 16% 0.0
Lafayette 514 564 31% 400 0.4% 6.2% $105,162 20% 0.0
Muncie 78 82 14% (1,200) (2.2%) 8.3% $71,995 16% 0.0
South Bend 391 775 39% (4,300) (2.9%) 9.5% $82,163 14% 0.0
Terre Haute 121 171 25% (1,600) (2.2%) 8.5% $75,001 16% 0.0
Iowa
Cedar Rapids 792 1,025 50% 700 0.5% 4.6% $128,071 21% 1.4
Davenport 441 517 34% 0 0.0% 6.1% $90,698 16% 0.0
Des Moines 1,812 2,978 47% (1,800) (0.6%) 4.5% $149,615 21% 1.3
Dubuque 204 217 25% (600) (1.1%) 5.3% $111,487 19% 0.0
Iowa City 631 777 46% (700) (0.8%) 3.4% $142,819 24% 0.0
Sioux City 182 191 16% (1,500) (2.0%) 4.3% $83,583 15% 0.0
Waterloo 366 386 46% (600) (0.7%) 4.2% $108,218 19% 3.5
Kansas
Topeka 460 563 41% (400) (0.4%) 5.3% $103,814 17% 0.5
Wichita 1,701 2,288 50% (2,200) (0.7%) 4.9% $120,062 19% 2.3
Kentucky
Bowling Green 369 453 33% (800) (1.3%) 6.3% $105,683 21% 0.0
Lexington 1,369 2,796 55% (3,300) (1.3%) 5.4% $143,142 26% 2.7
Louisville 2,579 3,675 41% (16,100) (2.5%) 7.6% $128,938 24% 1.3
Louisiana
Alexandria 370 378 40% 300 0.5% 5.5% $91,140 18% 0.0
Baton Rouge 2,562 3,710 41% 4,000 1.1% 5.3% $162,137 25% 1.4
Houma 569 818 69% (300) (0.3%) 3.8% $110,261 17% 0.0
Lafayette 816 1,059 21% 2,400 1.6% 3.8% $124,771 21% 0.0
Lake Charles 615 694 46% 100 0.1% 4.8% $104,940 17% 0.0
Monroe 252 321 27% 300 0.4% 6.1% $94,145 18% 0.0
New Orleans 2,736 4,769 36% 6,600 1.3% 5.4% $161,706 24% 0.0
Shreveport 959 1,426 47% 200 0.1% 6.4% $133,847 25% 2.2
Maine
Bangor 290 534 54% (300) (0.4%) 6.4% $118,198 22% 0.0
Portland 1,130 1,237 22% (3,600) (1.8%) 5.5% $211,848 30% 1.3
Maryland
Baltimore 3,121 5,577 29% (12,600) (0.9%) 5.8% $247,738 32% 6.5
Bethesda 1,588 2,325 19% 800 0.1% 4.0% $350,000 32% 4.2
Hagerstown 1,025 1,171 28% 100 0.1% 6.6% $163,410 23% 0.0
Salisbury 288 447 34% 200 0.4% 7.5% $144,880 26% 1.2
Massachusetts
Barnstable Town 416 559 11% (1,400) (1.5%) 8.2% $302,171 39% 0.0
Boston 1,068 3,432 32% (10,700) (0.6%) 5.5% $335,907 40% 2.7
Cambridge 1,163 2,085 28% (19,700) (0.8%) 5.8% $358,468 37% 1.0
Michigan
Ann Arbor 281 345 12% (3,600) (1.8%) 6.9% $160,875 22% 0.0
Battle Creek 55 89 14% (2,300) (3.9%) 9.7% $82,127 15% 0.0
Detroit 527 898 14% (40,400) (5.1%) 11.7% $84,375 16% 0.0
Flint 156 198 6% (11,300) (7.5%) 12.3% $80,678 15% 0.0
Grand Rapids 1,044 1,119 22% (4,000) (1.0%) 8.8% $102,309 17% 0.0
Holland 398 608 22% (3,200) (2.8%) 9.2% $134,464 19% 0.0
Jackson 113 213 21% (1,100) (1.9%) 11.1% $89,243 17% 0.0
Kalamazoo 524 697 28% (2,500) (1.7%) 8.7% $109,550 20% 0.0
Lansing 249 294 9% (8,000) (3.5%) 8.6% $93,211 15% 0.0
Muskegon 198 208 21% (1,800) (2.7%) 11.5% $86,845 17% 0.0
Niles 162 167 21% (800) (1.2%) 10.1% $111,593 21% 0.2
Saginaw 160 213 22% (3,800) (4.2%) 10.4% $64,269 13% 0.0
Warren 1,414 1,729 9% (49,300) (4.2%) 9.8% $145,826 19% 0.0
Minnesota
Duluth 612 737 43% (2,100) (1.6%) 7.8% $108,782 20% 4.2
Minneapolis 4,157 5,649 20% (42,800) (2.4%) 6.4% $191,000 24% 0.6
Rochester 461 623 31% 0 0.0% 5.4% $128,327 17% 0.0
St. Cloud 386 535 27% (1,700) (1.6%) 7.2% $131,008 21% 1.2
Mississippi
Gulfport-Biloxi 1,781 3,436 63% (3,300) (3.0%) 6.5% $135,196 25% 1.7
Hattiesburg 139 700 62% (2,500) (4.0%) 5.8% $92,656 20% 0.0
Jackson 2,093 2,125 47% (5,200) (2.0%) 6.0% $128,781 23% 0.3
Pascagoula 491 1,055 69% (800) (1.4%) 7.5% $105,630 19% 0.0
Missouri
Columbia 479 545 23% 0 0.0% 4.5% $126,589 24% 0.2
Jefferson City 145 158 14% (1,000) (1.2%) 5.7% $105,840 19% 0.0
Joplin 205 263 35% 300 0.4% 5.7% $81,217 19% 0.0
Kansas City 2,692 5,421 29% (11,800) (1.2%) 6.5% $139,600 20% 0.0
Springfield 957 2,173 43% 100 0.0% 6.0% $114,528 23% 0.8
St. Joseph 90 100 23% 300 0.5% 5.8% $83,000 16% 0.0
St. Louis 4,692 5,690 31% (23,000) (1.7%) 7.6% $174,000 28% 5.0
Montana
Billings 548 573 39% (900) (1.1%) 3.5% $131,929 21% 0.0
Missoula 323 439 39% (700) (1.2%) 5.5% $184,738 33% 2.3
Nebraska
Lincoln 702 829 31% 800 0.5% 3.3% $133,787 20% 1.1
Omaha 3,157 4,527 68% 600 0.1% 4.1% $132,726 19% 0.9
Nevada
Las Vegas 5,802 12,587 32% (15,500) (1.7%) 9.1% $174,000 25% 0.0
Reno 943 1,929 31% (10,800) (4.8%) 9.0% $219,000 32% 1.6
New Hampshire
Manchester 423 704 10% (100) (0.1%) 4.1% $181,486 18% 0.0
New Jersey
Atlantic City 688 792 20% (4,300) (2.9%) 9.6% $227,211 37% 5.0
Camden 1,767 2,669 32% (7,100) (1.3%) 6.8% $204,346 28% 3.9
Edison 2,907 4,819 20% (18,600) (1.8%) 6.3% $333,568 39% 6.4
Newark-Union 1,854 4,403 48% (6,400) (0.6%) 6.5% $387,400 48% 5.3
Trenton 279 586 16% (3,000) (1.2%) 6.0% $297,019 39% 5.4
Vineland 327 332 45% (1,100) (1.8%) 10.4% $146,040 27% 3.5
New Mexico
Albuquerque 2,037 2,555 29% (1,600) (0.4%) 4.7% $193,078 30% 1.2
Las Cruces 938 993 40% 700 1.0% 4.6% $112,247 23% 0.0
Santa Fe 140 140 11% (900) (1.4%) 3.9% $234,817 32% 0.0
New York
Albany 1,195 1,970 37% (6,000) (1.3%) 5.9% $195,863 30% 3.4
Binghamton 232 274 21% (1,600) (1.4%) 7.1% $107,868 20% 2.2
Buffalo 1,005 1,288 28% (7,600) (1.4%) 7.2% $105,103 20% 1.0
Glens Falls 330 376 23% (900) (1.7%) 7.7% $164,105 31% 3.8
Ithaca 136 262 40% (400) (0.6%) 4.7% $157,950 29% 2.9
Kingston 233 301 21% (800) (1.2%) 6.5% $235,648 36% 3.7
Nassau 2,052 3,480 30% (18,900) (1.5%) 5.8% $392,931 38% 4.7
New York 2,173 39,964 96% (76,400) (1.4%) 6.9% $458,566 68% 4.8
Poughkeepsie 996 1,468 29% (2,900) (1.1%) 6.3% $226,355 28% 1.4
Rochester 1,426 1,611 31% (6,300) (1.2%) 6.7% $114,752 19% 1.6
Syracuse 879 1,124 33% (2,100) (0.6%) 6.9% $116,830 21% 2.2
Utica-Rome 272 320 24% (900) (0.7%) 6.9% $104,596 22% 2.1
North Carolina
Asheville 1,777 2,445 57% (1,400) (0.8%) 6.7% $174,612 33% 3.0
Burlington 702 758 37% (1,800) (2.9%) 9.4% $106,569 20% 0.0
Charlotte 7,653 12,593 50% (15,700) (1.8%) 8.9% $148,500 22% 0.1
Durham 2,025 2,452 38% 1,700 0.6% 6.1% $173,059 28% 1.8
Fayetteville 1,488 2,433 56% (1,900) (1.5%) 7.8% $104,716 19% 0.0
Greensboro 2,070 3,296 51% 500 0.1% 8.6% $139,522 25% 0.0
Greenville 626 1,264 49% (100) (0.1%) 8.3% $105,964 21% 0.0
Hickory 891 928 38% (4,900) (3.0%) 10.9% $107,746 21% 0.0
Raleigh-Cary 6,559 11,386 64% 200 0.0% 6.5% $197,000 26% 1.3
Rocky Mount 428 433 42% (1,700) (2.6%) 11.7% $96,011 19% 0.0
Wilmington 3,330 4,056 44% (1,100) (0.7%) 8.4% $198,030 34% 2.9
Winston-Salem 1,911 2,024 46% 4,100 1.8% 7.6% $116,886 20% 0.0
North Dakota
Bismarck 553 808 74% 1,500 2.5% 3.1% $136,775 18% 0.0
Fargo 875 1,347 48% 900 0.7% 3.4% $134,431 20% 0.0
Grand Forks 195 388 58% 400 0.7% 3.8% $117,019 20% 0.0
Ohio
Akron 888 1,075 27% (3,000) (0.9%) 7.5% $103,450 16% 0.0
Canton 346 497 32% (1,600) (0.9%) 8.2% $90,286 15% 0.0
Cincinnati 3,312 4,223 27% (8,600) (0.8%) 6.7% $150,000 22% 1.3
Cleveland 2,237 2,576 32% (22,900) (2.1%) 7.1% $106,976 16% 0.0
Columbus 2,645 4,394 26% (4,400) (0.5%) 6.2% $128,000 18% 0.0
Dayton 1,075 1,299 31% (7,800) (1.9%) 8.1% $105,634 17% 0.0
Lima 114 121 24% (400) (0.7%) 9.0% $88,465 15% 0.0
Mansfield 82 101 17% (1,100) (1.9%) 9.9% $89,761 17% 0.0
Springfield 74 104 15% 300 0.6% 7.6% $90,506 15% 0.0
Toledo 654 1,141 28% (11,100) (3.4%) 9.8% $93,199 15% 0.0
Youngstown 374 534 28% (600) (0.2%) 8.9% $68,443 12% 0.0
Oklahoma
Oklahoma City 3,625 3,988 18% 5,800 1.0% 4.6% $126,971 19% 0.0
Tulsa 2,856 3,976 33% 400 0.1% 4.9% $132,944 20% 0.0
Oregon
Bend 668 755 17% 0 0.0% 11.3% $204,681 29% 2.2
Eugene 607 771 28% (4,200) (2.6%) 9.5% $202,758 35% 5.2
Medford 387 465 22% (1,800) (2.1%) 9.9% $176,231 32% 2.0
Portland 4,165 7,696 39% (18,200) (1.7%) 8.1% $245,000 34% 5.5
Salem 654 1,035 31% (2,100) (1.4%) 8.9% $182,000 29% 5.1
Pennsylvania
Allentown 1,609 1,799 33% (4,700) (1.4%) 6.7% $214,126 32% 4.4
Altoona 56 210 42% (800) (1.3%) 6.4% $97,657 18% 0.0
Erie 275 418 41% (1,500) (1.1%) 6.6% $98,831 19% 0.3
Harrisburg 1,628 1,678 45% (5,200) (1.6%) 5.5% $145,200 22% 1.9
Johnstown 147 163 44% (1,700) (2.7%) 7.6% $84,202 19% 2.1
Lancaster 1,210 1,489 41% (2,000) (0.8%) 5.2% $165,782 24% 2.4
Philadelphia 4,179 6,315 36% (21,400) (1.1%) 6.3% $217,772 30% 4.4
Pittsburgh 2,961 3,459 49% (7,100) (0.6%) 6.0% $114,883 20% 0.0
Reading 539 723 33% (3,500) (2.0%) 6.6% $149,465 23% 3.5
Scranton 830 936 43% (2,600) (1.0%) 7.4% $120,123 23% 2.0
State College 408 489 44% (1,100) (1.4%) 5.0% $155,182 29% 2.2
Williamsport 91 100 19% (1,600) (3.0%) 7.6% $107,723 21% 0.8
York 1,061 1,196 38% (3,800) (2.0%) 5.8% $160,542 23% 2.6
Rhode Island
Providence 1,291 1,546 13% (23,100) (3.9%) 9.6% $224,227 33% 1.3
South Carolina
Anderson 572 647 34% (1,700) (2.6%) 9.6% $100,505 18% 0.0
Charleston 3,666 4,947 46% (5,200) (1.7%) 7.4% $179,900 27% 0.2
Columbia 3,516 4,376 54% (7,700) (2.1%) 7.6% $126,875 20% 0.0
Florence 569 984 75% (500) (0.5%) 10.0% $96,911 18% 0.0
Greenville 2,377 3,155 57% (4,800) (1.5%) 7.9% $128,000 22% 1.2
Myrtle Beach 1,868 3,001 25% (5,200) (4.2%) 11.5% $173,457 30% 0.0
Spartanburg 1,059 1,059 38% (600) (0.5%) 9.4% $121,679 22% 0.8
South Dakota
Rapid City 473 487 35% 500 0.8% 4.0% $121,892 20% 0.0
Sioux Falls 903 1,829 73% 900 0.7% 3.7% $137,715 19% 0.0
Tennessee
Chattanooga 1,255 1,649 43% (2,400) (1.0%) 7.0% $127,343 24% 0.0
Clarksville 1,067 1,522 47% (1,800) (2.1%) 7.4% $98,371 18% 0.0
Jackson 340 400 36% (900) (1.4%) 7.6% $85,929 19% 0.0
Johnson City 597 1,046 73% (400) (0.5%) 6.9% $111,838 26% 0.0
Kingsport 795 888 58% 700 0.6% 6.6% $108,060 24% 0.0
Knoxville 2,111 2,776 43% (5,000) (1.5%) 6.4% $145,844 27% 0.2
Memphis 2,345 3,122 28% (15,700) (2.4%) 7.6% $119,264 22% 0.0
Nashville 5,621 8,142 44% (11,200) (1.4%) 6.5% $144,950 23% 1.3
Texas
Abilene 188 194 9% 600 0.9% 4.3% $108,900 21% 4.0
Amarillo 490 742 20% 900 0.8% 3.8% $117,900 21% 2.0
Austin 8,025 14,250 54% 9,600 1.2% 5.2% $179,700 25% 2.3
Beaumont 817 1,852 69% 1,000 0.6% 7.9% $128,100 23% 3.8
Brownsville 1,068 1,265 32% 2,200 1.8% 8.2% $75,000 20% 3.3
College Station 817 2,161 61% 2,400 2.6% 4.1% $148,000 30% 3.0
Corpus Christi 1,182 1,538 25% 2,300 1.3% 5.5% $133,100 27% 4.2
Dallas 12,067 28,009 38% 27,800 1.3% 6.0% $148,700 21% 0.0
El Paso 2,941 4,026 62% 5,300 1.9% 7.0% $136,300 31% 4.8
Fort Worth 7,088 10,659 28% 15,500 1.8% 5.6% $110,400 16% 0.9
Houston 28,221 42,695 57% 57,300 2.2% 5.5% $144,700 21% 1.8
Killeen 1,759 2,393 52% 2,700 2.2% 5.6% $118,388 21% 2.2
Laredo 696 1,029 43% 2,700 3.1% 6.0% $89,721 21% 0.0
Longview 188 245 15% 1,400 1.4% 4.5% $115,900 22% 2.4
Lubbock 988 1,489 36% 1,500 1.2% 3.8% $116,700 23% 1.9
McAllen 3,085 3,607 39% 8,200 3.8% 9.1% $89,700 23% 0.0
Midland 483 483 13% 1,100 1.6% 3.1% $122,538 20% 2.0
Odessa 254 716 34% 1,000 1.6% 3.9% $155,000 29% 5.1
San Antonio 6,005 10,276 46% 14,900 1.8% 5.3% $139,500 24% 2.5
Texarkana 97 158 19% 1,200 2.1% 5.1% $78,329 15% 0.0
Tyler 220 289 10% 700 0.7% 5.6% $133,800 24% 1.9
Waco 565 855 29% 1,400 1.3% 4.8% $108,600 22% 0.2
Wichita Falls 163 167 19% 500 0.8% 5.5% $94,400 19% 1.6
Utah
Ogden-Clearfield 1,509 1,940 38% (3,800) (1.9%) 4.4% $149,372 22% 1.3
Provo-Orem 1,102 1,471 23% (6,500) (3.3%) 3.7% $168,411 27% 1.8
Salt Lake City 1,826 4,100 33% (12,900) (2.0%) 3.8% $206,278 31% 5.2
St. George 691 708 18% (2,700) (5.0%) 6.0% $169,136 31% 0.4
Virginia
Charlottesville 782 895 34% (1,900) (1.8%) 4.2% $220,964 32% 1.9
Harrisonburg 488 943 72% 900 1.4% 4.3% $171,385 31% 2.4
Lynchburg 868 886 48% 1,300 1.2% 5.3% $136,533 26% 0.8
Richmond 4,010 5,048 44% (6,700) (1.0%) 5.5% $212,750 32% 4.6
Roanoke 732 807 42% (700) (0.4%) 5.1% $142,083 25% 0.5
Virginia Beach 3,323 5,012 21% 7,700 1.0% 5.3% $216,977 33% 5.1
Winchester 468 467 26% (1,100) (1.9%) 6.1% $153,282 24% 0.0
Washington
Bellingham 485 590 23% (800) (0.9%) 6.1% $224,886 36% 3.1
Bremerton 701 799 31% (2,600) (3.0%) 6.0% $235,000 30% 3.7
Kennewick 906 1,009 31% 500 0.5% 7.3% $155,971 23% 2.0
Olympia 1,146 1,258 39% 500 0.5% 6.1% $237,000 31% 5.5
Seattle 4,797 13,115 47% 6,200 0.4% 6.1% $370,000 42% 5.7
Spokane 1,221 1,811 41% (5,200) (2.3%) 7.4% $165,950 27% 4.3
Tacoma 1,803 2,372 35% (4,700) (1.6%) 7.2% $230,500 30% 3.4
Yakima 611 704 58% (1,600) (2.0%) 9.7% $147,405 26% 1.7
West Virginia
Charleston 326 579 69% (100) (0.1%) 3.5% $124,860 22% 0.0
Huntington 116 146 22% (1,400) (1.1%) 5.5% $85,739 18% 0.0
Morgantown 28 246 100% 500 0.8% 2.7% $122,499 23% 0.0
Parkersburg 145 201 46% (1,800) (2.4%) 5.5% $89,494 16% 0.0
Wheeling 44 46 16% 1,000 1.5% 5.9% $77,184 15% 0.0
Wisconsin
Appleton 489 654 30% (2,300) (1.9%) 5.6% $124,774 19% 2.4
Eau Claire 331 484 34% (900) (1.1%) 5.5% $113,075 20% 2.0
Green Bay 520 733 24% (1,200) (0.7%) 5.7% $140,037 23% 2.5
Janesville 219 254 20% (3,000) (4.3%) 8.1% $114,315 19% 2.6
La Crosse 297 364 43% (1,600) (2.1%) 5.2% $115,661 20% 0.6
Madison 806 1,917 31% (3,800) (1.1%) 4.2% $219,482 31% 4.6
Milwaukee 1,263 2,504 29% (13,000) (1.5%) 5.8% $202,999 32% 5.1
Oshkosh-Neenah 441 659 45% (700) (0.7%) 5.0% $114,676 19% 0.1
Racine 315 316 25% (2,400) (3.0%) 7.0% $141,189 22% 3.1
Sheboygan 134 254 35% (1,500) (2.3%) 5.9% $124,733 21% 3.2
Wausau 236 467 34% (2,000) (2.7%) 5.3% $117,321 19% 1.6
Wyoming
Cheyenne 160 188 22% 400 0.9% 4.4% $126,654 19% 0.0

 


If you have any questions, please contact us at (949) 870-1200 or fill out this form.