![]() Values above or below 100 represent above-average wealth or below-average wealth compared to the national level. It represents the wealth of the area relative to the national level. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources.The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability. ![]() ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |