Challenges

Challenges

To view the full Challenges Section documented in the 2019 Edition of the Annual Index of the Massachusetts Innovation Economy, click on the icon at right to download.

 

 

Table: Shows the number and percentage of households spending 30% or more of household income on housing in 2013 and 2018, for homeowners and renters. Also shows the 2013-2018 percentages changes.

Households spending 30% or more of household income on housing are considered to be burdened by housing costs.

 

Chart: Shows the Federal Housing Administration Housing Price Index (HPI) from 1991 to 2019 for each of the LTS.

The HPI shows the growth of housing prices compared to a baseline year, 1991 in this case.

 

Chart: Shows the LTS average yearly commute time total in hours for large metro areas in 2012 and 2017, and a United States average in 2017.