| HOUSING AFFORDABILITY | |||||||||
| ANTELOPE VALLEY - 2000 | |||||||||
| Antelope | Resident Location | ||||||||
| Valley | Lancaster | Palmdale | Unicorp. | E.Kern County | Resident Tenure | ||||
| Housing Expense Criteria | Overall | Area | Area | Area | w/93561 | w/o93561 | <7 Yrs | 7-15 Yrs | >15 Yrs |
| Average Household Income | $53,054 | $49,845 | $59,036 | $54,753 | $48,312 | $48,312 | $49,357 | $58,127 | $51,603 |
| Median Household Income | $41,850 | $36,580 | $48,140 | $49,220 | $39,000 | $36,670 | $38,070 | $47,190 | $41,110 |
| Renter Households | 29% | 33% | 24% | 23% | 31% | 32% | 45% | 25% | 19% |
| Owner Households | 71% | 67% | 76% | 77% | 69% | 68% | 55% | 75% | 81% |
| Rental Affordability | |||||||||
| Monthly Rent | |||||||||
| Under $300 | 3.3% | 3.3% | 0.0% | 9.5% | 6.7% | 9.5% | 4.5% | 0.8% | 4.3% |
| $300 - $399 | 15.1% | 11.5% | 6.7% | 9.5% | 36.7% | 28.6% | 16.7% | 9.2% | 19.5% |
| $400 - $499 | 24.0% | 23.0% | 22.2% | 33.3% | 26.7% | 28.6% | 29.2% | 20.3% | 18.5% |
| $500 - $599 | 17.4% | 23.0% | 16.5% | 19.1% | 6.7% | 9.5% | 15.8% | 15.6% | 23.1% |
| $600 - $699 | 18.4% | 16.4% | 22.2% | 9.5% | 2.0% | 23.8% | 18.2% | 23.5% | 12.2% |
| $700 - $799 | 9.4% | 8.2% | 15.6% | 9.5% | 3.3% | 0.0% | 7.8% | 16.4% | 3.3% |
| $800 - $899 | 7.3% | 11.5% | 6.7% | 0.0% | 0.0% | 0.0% | 4.6% | 6.7% | 13.2% |
| $900 - $999 | 3.5% | 1.6% | 8.9% | 4.8% | 0.0% | 0.0% | 3.2% | 6.7% | 0.0% |
| $1,000 - & Above | 1.6% | 1.6% | 2.2% | 4.8% | 0.0% | 0.0% | 0.0% | 0.8% | 6.0% |
| Average Monthly Rent | $568 | $577 | $635 | $536 | $459 | $462 | $534 | $616 | $572 |
| Median Monthly Rent | $490 | $600 | $580 | $440 | $390 | $410 | $450 | $570 | $480 |
| Affordability Index | 71% | 66% | 72% | 79% | 78% | 75% | 70% | 71% | 72% |
| Ownership Affordability | |||||||||
| Monthly Mortgage | |||||||||
| Under $400 | 12.2% | 10.1% | 10.1% | 11.9% | 21.1% | 18.4% | 7.4% | 5.7% | 22.8% |
| $400 - $499 | 3.5% | 4.0% | 80.0% | 6.8% | 7.0% | 10.5% | 2.5% | 1.2% | 6.7% |
| $500 - $599 | 8.7% | 10.1% | 6.2% | 5.1% | 12.3% | 13.2% | 8.0% | 7.3% | 10.7% |
| $600 - $749 | 12.9% | 20.2% | 8.5% | 18.6% | 5.3% | 7.9% | 14.0% | 11.1% | 13.9% |
| $750 - $899 | 17.4% | 14.1% | 18.6% | 18.6% | 21.1% | 26.3% | 17.2% | 17.5% | 17.6% |
| $900 - $1,049 | 17.9% | 19.2% | 20.2% | 8.5% | 14.0% | 13.2% | 22.6% | 24.8% | 7.1% |
| $1,050 - $1,199 | 9.6% | 6.1% | 15.5% | 11.9% | 3.5% | 0.0% | 9.7% | 8.8% | 10.4% |
| $1,200 - $1,399 | 10.5% | 11.1% | 8.5% | 13.6% | 12.3% | 10.5% | 10.7% | 14.5% | 6.1% |
| $1,400 - $1,599 | 3.9% | 3.0% | 7.0% | 1.7% | 0.0% | 0.0% | 5.9% | 3.4% | 2.9% |
| $1,600 & Above | 3.4% | 2.0% | 4.7% | 3.4% | 3.5% | 0.0% | 2.0% | 5.9% | 1.9% |
| Average Monthly Mtg. | $863 | $833 | $946 | $850 | $753 | $699 | $905 | $964 | $725 |
| Median Monthly Mtg. | $780 | $730 | $870 | $740 | $710 | $680 | $830 | $870 | $640 |
| Affordability Index | 66% | 63% | 70% | 74% | 71% | 71% | 60% | 67% | 72% |
| Share of Homebuyers with | |||||||||
| Mortgage Paid In-Full: | 11% | 14% | 6% | 11% | 11% | 11% | 6% | 5% | 20% |
| Note: | |||||||||
| Affordability index describes the percent of households that con afford the median rent or mortgage indicated. Rental affordability reflects | |||||||||
| base rent that does not exceed 25.0 percent of households gross monthly income. Mortgage affordability based on mortgage principal and | |||||||||
| interest payment that does not exceed 33.0 percent of household gross monthly income. | |||||||||
| Source: Alfred Gobar Associates - Antelope Valley Labor Base Survey, October 2000 | |||||||||