2026 Competitiveness Redbook | Page 69

Metropolitan Median House Price to Median Income Ratio( 1990 – 2024)
Rank
2024 Ratio
1990 Ratio
1 San Jose-Sunnyvale-Santa Clara, CA
12.04
6.20
2 Los Angeles-Long Beach-Anaheim, CA
10.76
6.21
3 San Francisco-Oakland-Fremont, CA
10.46
6.25
4 San Diego-Chula Vista-Carlsbad, CA
9.40
5.15
5 Miami-Fort Lauderdale-West Palm Beach, FL
8.04
3.07
6 New York-Newark-Jersey City, NY-NJ
7.26
4.40
7 Seattle-Tacoma-Bellevue, WA
6.93
3.41
8 Boston-Cambridge-Newton, MA-NH
6.56
4.04
9 Riverside-San Bernardino-Ontario, CA
6.50
3.93
10 Denver-Aurora-Centennial, CO
6.18
2.52
11 Portland-Vancouver-Hillsboro, OR-WA
6.15
2.44
12 Las Vegas-Henderson-North Las Vegas, NV
6.07
2.94
13 Salt Lake City-Murray, UT
5.87
2.21
14 Providence-Warwick, RI-MA
5.75
4.19
15 Fresno, CA
5.70
3.08
16 Sacramento-Roseville-Folsom, CA
5.60
4.03
17 Orlando-Kissimmee-Sanford, FL
5.48
2.70
18 Tampa-St. Petersburg-Clearwater, FL
5.45
2.68
19 Phoenix-Mesa-Chandler, AZ
5.38
2.75
20 Jacksonville, FL
5.15
2.66
21 Washington-Arlington-Alexandria, DC-VA-MD-WV
5.11
3.09
22 Charlotte-Concord-Gastonia, NC-SC
4.96
2.21
23 Milwaukee-Waukesha, WI
4.94
2.56
24 Richmond, VA
4.91
2.56
25 Raleigh-Cary, NC
4.80
2.76
26 Nashville-Davidson--Murfreesboro--Franklin, TN
4.77
2.70
27 Austin-Round Rock-San Marcos, TX
4.74
2.41
28 Birmingham, AL
4.41
2.97
29 Dallas-Fort Worth-Arlington, TX
4.32
2.68
30 Memphis, TN-MS-AR
4.32
2.87
31 Virginia Beach-Chesapeake-Norfolk, VA-NC
4.28
2.64
32 Atlanta-Sandy Springs-Roswell, GA
4.27
2.45
33 Baltimore-Columbia-Towson, MD
4.24
2.37
34 San Antonio-New Braunfels, TX
4.22
2.37
35 Houston-Pasadena-The Woodlands, TX
4.20
2.15
36 Chicago-Naperville-Elgin, IL-IN
4.20
3.00
37 Grand Rapids-Wyoming-Kentwood, MI
4.19
2.06
38 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
4.17
2.95
39 Columbus, OH
4.10
2.61
40 Kansas City, MO-KS
4.09
2.28
41 Hartford-West Hartford-East Hartford, CT
4.02
3.82
42 Indianapolis-Carmel-Greenwood, IN
4.02
2.28
43 Minneapolis-St. Paul-Bloomington, MN-WI
3.97
2.39
44 Louisville / Jefferson County, KY-IN
3.92
2.16
45 Cincinnati, OH-KY-IN
3.72
2.54
46 Detroit-Warren-Dearborn, MI
3.65
2.11
47 Oklahoma City, OK
3.62
1.88
48 St. Louis, MO-IL
3.34
2.59
49 Cleveland, OH
3.08
2.55
50 Pittsburgh, PA
3.02
2.27
United States
4.98
3.12
TABLE 58 Source: Harvard University Joint Center for Housing Studies
In 2024, the Seattle-Tacoma-Bellevue metro area ranked 7th highest among the 50 most highly populated metropolitan areas for the ratio of median house price to median income.