July 2017 Monthly Indicators Hilton-Head_MMI_2017-07 | Page 10

Housing Affordability Index
This index measures housing affordability for the region. For example, an index of 120 means the median household income is
120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater
affordability.
July
Affordability Index
Year to Date
88
90
89
82
88
80
2015 2016 2017 2015 20