Houston Earns A ‘C’ For Home Affordability

A new study ranks Houston 11th out of the 25 largest U.S. metro areas in terms of home affordability.

The research, conducted by Bankrate subsidiary, examined median-household income for a given metro area and compared it to how much income was required to purchase a median-priced home. It then assigned the city a letter grade.

In Houston’s case, median income exceeded the median home price by just 5%.

“Houston came up with a solid C in our ratings.”

Mike Sante is managing editor for

“While you had an advantage with having lower than average housing prices, you had a disadvantage in that your property taxes were higher than average.”

Sante says exposure to hurricanes also offset the low cost of Houston housing by driving up the cost of homeowners’ insurance. That, he says, helps explain why Houston earned a C, while Phoenix, Arizona took a B+.


Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media’s coverage of national, state, and local elections. He also reports on major policy issues before the Texas delegations in the U.S. House and Senate, as well as the Texas governorship, the state legislature, and county and city governments. Before taking up his current post, Andrew...

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