US Housing Shortage

Job centers on the coasts have the most severe shortages

Source: Calculations based on US Census Bureau data

Note:

  • Adequate supply = median house affordable on median income.
  • Mild undersupply = median house unaffordable, vacancy rate above all-county median.
  • Moderate undersupply = median house unaffordable, vacancy rate below median, building permit activity above all-county median.
  • Severe undersupply = median house unaffordable, vacancy rate below median, permit activity below median.