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HOUSING AFFORDABILITY IN EUGENE
<br />Attachment A
<br />Who are we talking about?
<br />Median Household Income***
<br />$43,000
<br />Two Income
<br />Retiree on Full-time Minimum JanitorPreschoolRetail SalesTwo Full-time Minimum CarpenterElementary ComputerRegisteredElementary SchoolPediatrician
<br />Household
<br />Social SecurityWage Employee$26,000TeacherPersonSecretaryWage Employees$50,000School TeacherProgrammerNursePrincipal$215,000
<br />$18,000$21,000$28,000$31,000$36,000$42,000$59,000$67,000$84,000$93,000Mail Carrier
<br />$49,500$69,000
<br />Annual Household Income
<br />Annual Household IncomeAnnual Household IncomeAnnual Household IncomeAnnual Household Income
<br />Annual Household Income
<br />$100,000+
<br />$0 - $24,999$25,000 - $34,999$35,000 - $49,999$75,000-$99,999
<br />$50,000 - $74,999
<br />32%10%14%17%10%17%
<br />of Eugeniansof Eugenians of Eugeniansof Eugenians of Eugenians of Eugenians
<br />have a household income have a household income have a household income have a household income have a household income have a household income over
<br />under $24,999between $25,000 and $34,999between $35,000 and $49,999between $50,000 and $74,999between $75,000 and $99,999$100,000
<br />42%
<br />of Eugene households can’t
<br />66%
<br />buy a median home with 5% down
<br />up to $625up to $875up to $1250up to $1875up to $2450$2500 and up
<br />$0$2500+
<br />A household with a $25,000 income can A household with a $35,000 income can A household with a $50,000 income can A household with a $75,000 income can A household with a $100,000 income
<br /> can
<br />$112,000*$157,000*$225,000*$337,000*$450,000*
<br />What kind of housing is available?
<br />2 Bedroom Apartment
<br />$890
<br />$2450 per month or more
<br />$875 to $1250 per month
<br />$625 to $875 per month
<br />Mean
<br />Home Price
<br />SURPLUS$284,000**
<br />$1875 to $2450 per month
<br />$625 per month
<br />+ 3,700+ 4,800+ 1,000+ 5,700
<br />or less$1250 to $1875 per month
<br />DEFICIT
<br />(-13,500)(-1,700)
<br />***
<br />HUD Income Limits to
<br />What is cost burdened?
<br />Housing Costs Have
<br />Median House-
<br />Outpaced Income Growth
<br />hold Income of
<br />Renters
<br />73
<br />%
<br />$22,000
<br />48
<br />%
<br />Income
<br />Median House-
<br />hold Income of
<br />28
<br />%
<br />Homeowners
<br />45
<br />of households in Eugene
<br />Household Income
<br />%
<br />$70,000
<br />61% of
<br />renters and 28% of home
<br />owners.
<br />www.eugene-or.gov/3652/Missing-Middle-Handbook
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