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Housing Affordability › Methodology

Housing Affordability Power Rankings — Methodology

Field: 100 metros. Accountable official: Mayor. Cadence: monthly. Data retrieved 2026-06-20.

Affordability uses the current Freddie Mac 30-year fixed rate (6.47% as of 6/18/2026).

Weights are public so the ranking cannot be called rigged. Each dimension is normalized 0–100 across all ranked metros (min–max; inverted where lower is better), multiplied by its weight, and summed to the 0–100 composite. A metric that is unavailable for an entity is never estimated — the remaining weights are rescaled and the composite flagged “partial.”

DimensionSourceDirectionWeight
Income needed to afford median home (at current rate)Census B25077 + Freddie Mac PMMS (6.47%, 20% down, 30yr, 28% DTI)Lower better ▼25
Price-to-income ratioCensus ACS (B25077 ÷ B19013)Lower better ▼20
Median home priceCensus ACS, B25077Lower better ▼15
Rent-to-incomeCensus ACS ((B25064×12) ÷ B19013)Lower better ▼15
Monthly mortgage payment (median home)Derived: median home, 20% down, 30yr @ PMMSLower better ▼10
Building permits per capita pendingCensus Building Permits Survey file ingest pending10
Months of inventory pendingRealtor.com feed pending5

Provenance

Primary source: U.S. Census Bureau (ACS) + Freddie Mac (PMMS) · https://api.census.gov/data/ ; https://www.freddiemac.com/pmms.