Trend of housing costs in relation to income
Outcome: Promote affordable home ownership opportunities
About this indicator
This indicator tracks the annual change in median household income in King County, as it compares with annual changes in the median home price and average rental costs.
- Average annual change in median home price from 2000-2009: 7.2%
- Average annual change in rent from 2000-2009: 3.2%
Tables and graphs
- Graph: Average annual change in household income and housing costs in King County (2000-2009)
- Table: Annual change in household income, median home price, and average rent in King County (2000-2009)
Last updated December 2010
Median household income data taken from the American Community Survey provided by the U.S. Census Bureau (external site). The single-family home value as reported by the U.S. Census is used as a proxy for home price in 1990. Home sales data from 2000 to present is taken from the King County Department of Assessments. Average rent data provided by Dupre + Scott Apartment Advisors, Inc (external site).