New Camaros at Huebner Chevrolet

[FTC]

Just look at this chart below. In 1960 a house cost about 2 times the average yearly income.

In 2010, a house cost 4.5 times the average yearly income.

And you can bet in 2025, those figures are even more depressing because home values have doubled in recent years but incomes have not.

(Sorry about the misaligned columns, I have them correct in the reply box but it changes when it posts)



Year Median Home Value Median Rent Household Median Income
1950 $7,400 $42 $2,990
1960 $11,900 $71 $4,970
1970 $17,000 $108 $8,734
1980 $47,200 $243 $17,710
1990 $79,100 $447 $29,943
2000 $119,600 $602 $55,030
2010 $221,800 $901 $49,445