Posted by Jed Lewison on Wed Oct 17, 2007 at 5:12 PM Pacific
The housing-income gap in Sin City
LVRJ: Housing, salary imbalances grow
Ratio of median home price to median household income:
2000 = 3.4
2001 = 4.2
2002 = 4.1
2003 = 4.4
2004 = 5.3
2005 = 6.6
2006 = 6.5US, 2006 = 4.6
The median household income in the U.S. in 2006 was something like $48k and in Vegas it was $53k.
© Jed Lewison