Monday Mapday: Atlanta Rents on the Rise

In keeping with the housing affordability theme, today's Monday Mapday explores metro Atlanta's rental market. Though rents are on the rise throughout the metro area, rental increases are greatest in the suburbs (as shown in the map below). Areas shaded in dark blue in North Fulton County show the highest percentage change in average [...]

By | 2017-07-17T21:13:35+00:00 July 17th, 2017|Housing, Monday Mapday|Comments Off on Monday Mapday: Atlanta Rents on the Rise

The Quarter: Highlights from Q2 2017

Our most recent update of The Quarter analyzes economic data in metro Atlanta for Q2 2017. The Quarter includes data on employment, home price indices, building permits, retail and office space, and more, with the goal of identifying what areas of our economy are striving and what areas are slower to recover. Visit The [...]

By | 2017-07-17T20:05:25+00:00 July 17th, 2017|Economy, Housing, The Quarter|Comments Off on The Quarter: Highlights from Q2 2017

Friday Factday: Homeownership and Household Formation Among Millennials

Nationally, the country is experiencing a delay in household formation among the millennial generation, as well as declining homeownership rates.  This week's Friday Factday explores these trends in the 10-county metro area. In terms of homeownership, rates are way down in metro Atlanta - for all age categories, but especially among millennials (as shown [...]

By | 2017-07-18T14:26:25+00:00 July 14th, 2017|Friday Factday, Housing|Comments Off on Friday Factday: Homeownership and Household Formation Among Millennials

Monday Mapday: Transportation Costs Complicate Affordability

How do transportation costs factor into affordable housing? When considering both housing and transportation costs, the window of affordability becomes even more narrow. These maps show where a family of four (two working commuters and two kids) that makes the area median income (approximately $57,000) can live if they want to pay less than [...]

By | 2017-06-13T19:30:25+00:00 June 12th, 2017|Housing, Monday Mapday|Comments Off on Monday Mapday: Transportation Costs Complicate Affordability

Most and Least Affordable Areas for Housing Costs

A recent CityLab article highlights the nationwide challenge to afford housing. In very few areas (only 12 counties) can a worker making minimum wage and working 40 or fewer hours a week afford rent for a one-bedroom unit. "Affordability" is defined as paying less than than 30% of a household income for housing costs (for both [...]

By | 2017-06-09T19:43:38+00:00 June 9th, 2017|Friday Factday, Housing|Comments Off on Most and Least Affordable Areas for Housing Costs

Monday Mapday: Negative Equity

Using Zillow data for Q3 of 2016, this map shows the percentage of homes that have negative equity (owe more on the house than what it is worth) for zip codes in metro Atlanta. The darker blue areas have higher percentages of homes with negative equity. The spatial patterns here roughly reflect the same [...]

By | 2017-05-22T19:19:27+00:00 May 22nd, 2017|Housing, Monday Mapday|Comments Off on Monday Mapday: Negative Equity

Metro Atlanta Affordable Housing Tool

Contributing to the affordability problem in Metro Atlanta is the fact that a significant number of subsidized rental homes are coming to the end of their initial subsidy period. To aid in prioritizing affordable housing preservation, Neighborhood Nexus and Enterprise Community Partners have developed the Metro Atlanta Affordable Housing Tool, which highlights subsidized properties [...]

By | 2017-04-11T13:02:58+00:00 April 10th, 2017|Housing, Monday Mapday|Comments Off on Metro Atlanta Affordable Housing Tool

Transportation Tuesday: Affordability

These maps show areas in metro Atlanta that are most affordable (considering transportation and housing costs) for five different scenarios of family composition and income: A median-income family of four A working individual earning 50% of median regional income A retired couple at 80% of median regional income A single-parent family of three earning 50% [...]

By | 2016-12-08T15:24:48+00:00 November 15th, 2016|Housing, Transportation, Transportation Tuesday|Comments Off on Transportation Tuesday: Affordability

Monday Mapday: Rental Affordability in Georgia Cities

We recently looked at housing affordability in metro areas across the U.S. and in neighborhoods in metro Atlanta. This map shows the cities in Georgia where 52 percent or more of housing units are occupied by renters, and where 48 to 85 percent of renters pay more than 30 percent of their household income towards housing costs [...]

By | 2016-12-08T15:24:51+00:00 August 22nd, 2016|Housing, Monday Mapday|Comments Off on Monday Mapday: Rental Affordability in Georgia Cities

Monday Mapday: Housing Affordability

This map compares housing affordability in the 100 largest U.S. metros. One way to measure housing affordability is to consider the percentage of income that is spent on housing costs. Housing is generally considered unaffordable when housing costs exceed 30% of income. The colored circles on the map represent the metro areas and indicate what percentage of housing [...]

By | 2016-12-08T15:24:52+00:00 July 25th, 2016|Housing, Monday Mapday|Comments Off on Monday Mapday: Housing Affordability
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