[Census Bureau] Housing Affordability 1995 ------------------------------------------------------------------------ Table 3-5A. Reason Modestly Priced Home Cannot be Afforded for Families and Unrelated Individuals Below Affordability Level, by Race, Hispanic Origin, Current Tenure and Type of Financing: United States, 1995 (Numbers in 000's. Data may not add to total due to rounding.) --------------------------------------------------------------------------------------------------------- | Cannot afford modestly priced home in area | |------------------------------------------------------------------------| | Race | | |------------------------------------------------------|-----------------| | White | Black | Other | Hispanic | | | | Race | | |-----------------|------------------|-----------------|-----------------| | Number| Percent| Number | Percent| Number| Percen| Number| Percent| Reason | | | | | | | | | -------------------------------|--------|--------|---------|--------|--------|--------|--------|--------| USING CONVENTIONAL, FIXED-RATE,| | | | | | | | | 30-YEAR FINANCING | | | | | | | | | | | | | | | | | | Total cannot afford house| 44919 | 100.0 | 10094 | 100.0 | 2296 | 100.0 | 7425 | 100.0 | Cash problem only..............| 12041 | 26.8 | 2227 | 22.1 | 505 | 22.0 | 1254 | 16.9 | Debt level too high..........| 6444 | 14.3 | 1172 | 11.6 | 239 | 10.4 | 666 | 9.0 | Cannot afford down payment...| 5597 | 12.5 | 1056 | 10.5 | 266 | 11.6 | 588 | 7.9 | Income problem only-cannot affo| | | | | | | | | monthly payments.............| 6419 | 14.3 | 1005 | 10.0 | 155 | 6.8 | 704 | 9.5 | Cash problem and income problem| 26459 | 58.9 | 6862 | 68.0 | 1635 | 71.2 | 5466 | 73.6 | Debt level too high/cannot af| | | | | | | | | monthly payments...........| 15899 | 35.4 | 5132 | 50.8 | 968 | 42.2 | 3643 | 49.1 | Cannot afford down payment/ca| | | | | | | | | afford monthly payments....| 10560 | 23.5 | 1730 | 17.1 | 668 | 29.1 | 1823 | 24.6 | | | | | | | | | | | | | | | | | | | Current owners cannot aff| 16186 | 100.0 | 2899 | 100.0 | 554 | 100.0 | 1953 | 100.0 | Cash problem only..............| 5309 | 32.8 | 823 | 28.4 | 164 | 29.5 | 451 | 23.1 | Debt level too high..........| 3420 | 21.1 | 591 | 20.4 | 97 | 17.5 | 309 | 15.8 | Cannot afford down payment...| 1889 | 11.7 | 232 | 8.0 | 67 | 12.0 | 143 | 7.3 | Income problem only-cannot affo| | | | | | | | | monthly payments.............| 4864 | 30.0 | 907 | 31.3 | 128 | 23.1 | 648 | 33.2 | Cash problem and income problem| 6013 | 37.2 | 1169 | 40.3 | 263 | 47.4 | 853 | 43.7 | Debt level too high/cannot af| | | | | | | | | monthly payments...........| 3457 | 21.4 | 838 | 28.9 | 162 | 29.2 | 510 | 26.1 | Cannot afford down payment/ca| | | | | | | | | afford monthly payments....| 2557 | 15.8 | 331 | 11.4 | 101 | 18.2 | 343 | 17.6 | | | | | | | | | | | | | | | | | | | Current renters cannot af| 28733 | 100.0 | 7195 | 100.0 | 1741 | 100.0 | 5472 | 100.0 | Cash problem only..............| 6732 | 23.4 | 1404 | 19.5 | 342 | 19.6 | 803 | 14.7 | Debt level too high..........| 3025 | 10.5 | 581 | 8.1 | 142 | 8.2 | 357 | 6.5 | Cannot afford down payment...| 3707 | 12.9 | 823 | 11.4 | 200 | 11.5 | 446 | 8.1 | Income problem only-cannot affo| | | | | | | | | monthly payments.............| 1555 | 5.4 | 97 | 1.4 | 27 | 1.6 | 56 | 1.0 | Cash problem and income problem| 20445 | 71.2 | 5693 | 79.1 | 1372 | 78.8 | 4613 | 84.3 | Debt level too high/cannot af| | | | | | | | | monthly payments...........| 12442 | 43.3 | 4294 | 59.7 | 806 | 46.3 | 3133 | 57.2 | Cannot afford down payment/ca| | | | | | | | | afford monthly payments....| 8003 | 27.9 | 1399 | 19.4 | 567 | 32.6 | 1480 | 27.1 | --------------------------------------------------------------------------------------------------------- Table 3-5A. Reason Modestly Priced Home Cannot be Afforded for Families and Unrelated Individuals Below Affordability Level, by Race, Hispanic Origin, Current Tenure and Type of Financing: United States, 1995-continued (Numbers in 000's. Data may not add to total due to rounding.) --------------------------------------------------------------------------------------------------------- | Cannot afford modestly priced home in area | |------------------------------------------------------------------------| | Race | | |------------------------------------------------------|-----------------| | White | Black | Other | Hispanic | | | | Race | | |-----------------|------------------|-----------------|-----------------| | Number| Percent| Number | Percent| Number| Percen| Number| Percent| Reason | Total | Number| Percent| Total | Number| Percen| Total | Number| -------------------------------|--------|--------|---------|--------|--------|--------|--------|--------| USING FHA, FIXED-RATE, 30-YEAR | | | | | | | | | FINANCING | | | | | | | | | | | | | | | | | | Total cannot afford house| 43021 | 100.0 | 9893 | 100.0 | 2234 | 100.0 | 7274 | 100.0 | Cash problem only..............| 11521 | 26.8 | 2233 | 22.6 | 499 | 22.3 | 1251 | 17.2 | Debt level too high..........| 5866 | 13.6 | 1097 | 11.1 | 186 | 8.3 | 617 | 8.5 | Cannot afford down payment...| 5656 | 13.1 | 1137 | 11.5 | 313 | 14.0 | 634 | 8.7 | Income problem only-cannot affo| | | | | | | | | monthly payments.............| 7553 | 17.6 | 1204 | 12.2 | 217 | 9.7 | 865 | 11.9 | Cash problem and income problem| 23946 | 55.7 | 6455 | 65.3 | 1518 | 68.0 | 5158 | 70.9 | Debt level too high/cannot af| | | | | | | | | monthly payments...........| 14118 | 32.8 | 4888 | 49.4 | 884 | 39.6 | 3465 | 47.6 | Cannot afford down payment/ca| | | | | | | | | afford monthly payments....| 9828 | 22.8 | 1567 | 15.8 | 635 | 28.4 | 1693 | 23.3 | | | | | | | | | | | | | | | | | | | Current owners cannot aff| 14893 | 100.0 | 2802 | 100.0 | 534 | 100.0 | 1837 | 100.0 | Cash problem only..............| 4309 | 28.9 | 736 | 26.3 | 160 | 29.9 | 373 | 20.3 | Debt level too high..........| 3031 | 20.4 | 540 | 19.3 | 90 | 16.9 | 267 | 14.5 | Cannot afford down payment...| 1278 | 8.6 | 196 | 7.0 | 70 | 13.0 | 106 | 5.8 | Income problem only-cannot affo| | | | | | | | | monthly payments.............| 5506 | 37.0 | 1066 | 38.0 | 149 | 27.9 | 752 | 40.9 | Cash problem and income problem| 5077 | 34.1 | 1000 | 35.7 | 225 | 42.2 | 713 | 38.8 | Debt level too high/cannot af| | | | | | | | | monthly payments...........| 3007 | 20.2 | 778 | 27.8 | 152 | 28.4 | 466 | 25.4 | Cannot afford down payment/ca| | | | | | | | | afford monthly payments....| 2071 | 13.9 | 223 | 8.0 | 74 | 13.8 | 247 | 13.4 | | | | | | | | | | | | | | | | | | | Current renters cannot af| 28129 | 100.0 | 7091 | 100.0 | 1699 | 100.0 | 5437 | 100.0 | Cash problem only..............| 7212 | 25.6 | 1498 | 21.1 | 339 | 20.0 | 878 | 16.1 | Debt level too high..........| 2834 | 10.1 | 557 | 7.9 | 96 | 5.6 | 350 | 6.4 | Cannot afford down payment...| 4378 | 15.6 | 941 | 13.3 | 243 | 14.3 | 528 | 9.7 | Income problem only-cannot affo| | | | | | | | | monthly payments.............| 2048 | 7.3 | 138 | 2.0 | 67 | 4.0 | 113 | 2.1 | Cash problem and income problem| 18869 | 67.1 | 5455 | 76.9 | 1293 | 76.1 | 4446 | 81.8 | Debt level too high/cannot af| | | | | | | | | monthly payments...........| 11111 | 39.5 | 4110 | 58.0 | 732 | 43.1 | 2999 | 55.2 | Cannot afford down payment/ca| | | | | | | | | afford monthly payments....| 7758 | 27.6 | 1345 | 19.0 | 561 | 33.0 | 1446 | 26.6 | --------------------------------------------------------------------------------------------------------- Source: U.S. Bureau of the Census ------------------------------------------------------------------------ Go to Housing Affordability 1995 Last Revised: Wednesday, 22-Sep-99 07:42:19 People | Housing | Business | Geography | News | Subjects A to Z | Search | Catalog | Data Tools | Privacy | Home [______] [U.S. Census Bureau: Helping You Make Informed Decisions]