House Price to Income Ratio in the U.S. by State, 2022.by…

House Price to Income Ratio in the U.S. by State, 2022.

by u/forensiceconomics

This
compelling visualization delves into the relationship between housing
affordability and income levels across the United States. Employing R’s
robust capabilities in usmap and ggplot 2 package, this code utilizes
data from the Zillow Home Value Index, which represents housing prices, and the median household income in each state to calculate the House Price to Income Ratio.

California and Hawaii have the highest ratios.