HAR's Housing Affordability Index measures the percentage of households that can afford to purchase a median-priced, single-family home for regions and select counties in Texas. It also identifies the minimum income required to purchase the median-priced home in a variety of neighborhoods. HAR's Rental Affordability Index measures the percentage of households that can afford to pay the median monthly lease price for a single-family home in the Houston area. Reports are issued in February, May, August, and November.
Understanding the Chart | Example: 49 percent of households in Harris County made the minimum annual income of $66,800 to afford a $240,000 median-priced home in the Aldine Area in Q2-2022. Homebuyers need to earn 41.5 percent more income than they did a year ago to afford a median-priced home in the Aldine Area.