Housing
Housing Affordability - Owning by Race/Ethnicity, 2012-16


Housing Affordability - Owning by Race/Ethnicity, 2012-16

What does this measure?

The median home value divided by the median household income, adjusted for inflation, and broken down for homeowners in various racial and ethnic groups.

Why is this important?

This ratio provides a rough estimate of the affordability of homes in a community. A ratio less than 2 or 3 is considered affordable.

How is our county performing?

In 2012-16, homes in Berks County were generally affordable for all racial and ethnic groups. The ratios were lower for Asian Americans (2.3) than for African Americans (2.8), Hispanics and whites (both at 2.6). Housing was more affordable in Berks County across racial and ethnic groups than in the nation and Pennsylvania. Berks was also generally more affordable than surrounding counties across racial and ethnic lines.

Notes about the data

Multiyear figures are from the Census Bureau's American Community Survey. The bureau combined five years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. The survey provides data on characteristics of the population that used to be collected only during the decennial census.

The Census Bureau asks people to identify their race (white, African American, etc.) separate from their ethnicity (Hispanic or non-Hispanic).

There may be additional research available on this topic. Click on Reports and Resources to learn more.

Housing Affordability - Owning by Race/Ethnicity, 2012-16
AsianBlack or African AmericanHispanicWhite
Pennsylvania3.52.73.42.6
Berks County2.32.82.62.6
Berks County Regions
Central
Northeast
South
Southeast
West
Reading city
Berks County Peers
Chester County3.03.54.53.2
Lancaster County2.23.24.02.9
Lebanon County4.92.72.82.6
Lehigh County3.53.23.22.8
Montgomery County3.33.64.23.1
Schuylkill County2.82.21.91.8

Source: U.S. Census Bureau
Notes: Ratio of median home value divided by the median household income, adjusted for inflation. A ratio less than 2 or 3 is considered affordable. The Census Bureau asks people to identify their race (white, African-American, etc.) separate from their ethnicity.








Housing Affordability - Owning by Race/Ethnicity, 2012-16
AsianBlack or African AmericanHispanicWhite
Pennsylvania3.52.73.42.6
Berks County2.32.82.62.6
Berks County Regions
Central
Northeast
South
Southeast
West
Reading city
Berks County Peers
Chester County3.03.54.53.2
Lancaster County2.23.24.02.9
Lebanon County4.92.72.82.6
Lehigh County3.53.23.22.8
Montgomery County3.33.64.23.1
Schuylkill County2.82.21.91.8

Source: U.S. Census Bureau
Notes: Ratio of median home value divided by the median household income, adjusted for inflation. A ratio less than 2 or 3 is considered affordable. The Census Bureau asks people to identify their race (white, African-American, etc.) separate from their ethnicity.








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