Omaha's high housing expenses relative to incomes (Bellevue, Fremont: mortgage, jobs)

[MattDen]

Here are some statistics from Census: 2005 American community survey

Median Household Income Omaha 40,484
Median Household Income Nation 46,242
*13% below national average on median household income

*for mortgaged units
Median Housing costs Omaha 13,920 (1160*12)
Median Housing costs Nation 15,540 (1296*12)
*10% below national average on monthly housing costs

Median Household Income for Omaha: -5758 below national average
Median Housing Cost for Omaha: -1620 below national average

4138 dollars more for housing per year in Omaha on mortgaged units adjusted for income then national average after adjusting for median household incomes. Cost of housing for mortgaged units when adjusted to median household income 3% points above the national average

[ehenningsen]

Omaha's per capita income as:

National: 36,048
OMaha: 37,373 rank #41 out of 361


#18 for standard of living which is money vs cost of living
www.business.duq.edu/faculty/davies/theses/curcio.doc (broken link)

#8 for Uhaul growth :-)
http://eomahaforums.com/phpBB/viewtopic.php?t=6211

#12 for lowest cost of living and #15 for jobs #32 for median income
Omaha is 21% below average for housing costs
http://www.accessomaha.com/pdf/Omaha-Cost-of-Living-2007.pdf (broken link)

Table: Best Cities For Jobs
Hannah Clark 02.16.07, 6:00 AM ET

Rank Last Year's Rank Geography Median Household Income Rank Unemployment Rank Income growth rank Cost of Living Rank Job growth rank Total score
1 7 Raleigh-Cary, NC 30 13 12 45 10 110
2 2 Phoenix-Mesa-Scottsdale, AZ 34 16 2 64 5 121
3 8 Jacksonville, FL 40 15 6 49 13 123
4 4 Orlando-Kissimmee, FL 57 6 3 57 4 127
5 1 Washington-Arlington-Alexandria, DC-VA-MD-WV 14 4 19 86 15 138
6 12 Salt Lake City, UT 19 33 32 38 17 139
7 15 Honolulu, HI 13 1 23 87 16 140
8 3 Las Vegas-Paradise, NV 46 18 1 74 1 140
9 25 Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 48 8 10 84 7 157
10 10 Virginia Beach-Norfolk-Newport News, VA-NC 50 10 37 26 37 160
11 5 Bethesda-Gaithersburg-Frederick, MD 3 2 25 92 40 162
12 26 Sarasota-Bradenton-Venice, FL 64 3 16 76 3 162
13 29 Tampa-St. Petersburg-Clearwater, FL 75 9 13 60 9 166
14 6 Richmond, VA 44 5 52 41 26 168
15 28 Omaha-Council Bluffs, NE-IA 32 17 54 12 55 170
16 37 West Palm Beach-Boca Raton-Boynton Beach, FL 43 22 14 89 8 176
17 23 Little Rock-North Little Rock, AR 61 40 36 10 30 177
18 24 Nashville-Davidson-Murfreesboro, TN 63 28 29 40 18 178
19 13 Santa Ana-Anaheim-Irvine, CA 9 7 41 98 25 180
20 41 Tucson, AZ 79 32 9 51 14 185
21 9 Oklahoma City, OK 89 20 15 14 49 187
22 42 Atlanta-Sandy Springs-Marietta, GA 25 41 45 46 31 188
23 51 Austin-Round Rock, TX 74 34 17 44 20 189
24 21 Albuquerque, NM 86 43 20 22 23 194
25 14 Sacramento-Arden-Arcade-Roseville, CA 31 44 21 77 21 194
26 11 Camden, NJ 11 36 55 66 28 196
27 17 Poughkeepsie-Newburgh-Middletown, NY 18 19 49 65 45 196
28 27 Minneapolis-St. Paul-Bloomington, MN-WI 22 12 63 55 51 203
29 20 Riverside-San Bernardino-Ontario, CA 55 56 7 80 6 204
30 35 Albany-Schenectady-Troy, NY 39 11 59 29 67 205
31 16 San Diego-Carlsbad-San Marcos, CA 20 27 35 94 34 210
32 33 McAllen-Edinburg-Mission, TX 100 97 4 8 2 211
33 19 Oxnard-Thousand Oaks-Ventura, CA 7 42 31 93 42 215
34 80 Seattle-Bellevue-Everett, WA 26 45 40 75 29 215
35 48 Tulsa, OK 93 30 24 11 59 217
36 32 Charlotte-Gastonia-Concord, NC-SC 41 55 33 47 44 220
37 31 Knoxville, TN 95 23 43 27 32 220
38 36 Wilmington, DE-MD-NJ 28 29 39 67 57 220
39 22 Baltimore-Towson, MD 27 31 46 68 52 224
40 30 Edison, NJ 4 25 51 90 54 224
41 18 Indianapolis-Carmel, IN 60 38 62 16 50 226
42 39 Allentown-Bethlehem-Easton, PA-NJ 35 46 58 52 39 230
43 81 Baton Rouge, LA 97 77 5 32 19 230
44 40 San Antonio, TX 92 54 18 34 36 234
45 34 Houston-Sugar Land-Baytown, TX 65 80 8 48 35 236
46 44 Birmingham-Hoover, AL 96 14 28 42 58 238
47 38 Fort Worth-Arlington, TX 69 58 30 43 41 241
48 46 Lake County-Kenosha County, IL-WI 17 50 57 72 46 242
49 55 Dallas-Plano-Irving, TX 56 67 22 56 43 244
50 63 Columbia, SC 78 83 34 37 24 256
51 56 Miami-Miami Beach-Kendall, FL 77 35 27 83 38 260
52 68 Syracuse, NY 66 51 71 4 69 261
53 47 Nassau-Suffolk, NY 2 24 78 95 64 263
54 52 Bakersfield, CA 80 99 11 62 12 264
55 64 Hartford-West Hartford-East Hartford, CT 23 49 56 69 72 269
56 57 Cincinnati-Middletown, OH-KY-IN 54 66 84 15 53 272
57 75 Wichita, KS 59 76 44 5 88 272
58 50 Philadelphia, PA 24 53 67 59 73 276
59 58 Rochester, NY 42 47 93 2 92 276
60 83 Portland-Vancouver-Beaverton, OR-WA 49 88 61 53 27 278
61 74 Akron, OH 62 84 88 17 33 284
62 62 Cambridge-Newton-Framingham, MA 5 21 77 88 95 286
63 70 Kansas City, MO-KS 58 75 60 31 62 286
64 45 Denver-Aurora, CO 38 61 66 63 60 288
65 54 Columbus, OH 51 60 91 18 70 290
66 69 Bridgeport-Stamford-Norwalk, CT 10 26 81 96 80 293
67 67 Oakland-Fremont-Hayward, CA 12 52 65 97 71 297
68 91 Greenville, SC 88 85 48 30 47 298
69 59 El Paso, TX 99 95 26 23 56 299
70 43 Tacoma, WA 52 89 97 50 11 299
71 49 Newark-Union, NJ-PA 6 39 82 91 82 300
72 65 Worcester, MA 21 65 69 71 77 303
73 78 Buffalo-Niagara Falls, NY 71 69 80 1 84 305
74 72 New Haven-Milford, CT 33 59 64 73 78 307
75 96 New York-White Plains-Wayne, NY-NJ 36 72 53 79 68 308
76 71 Pittsburgh, PA 73 64 85 9 79 310
77 53 Providence-New Bedford-Fall River, RI-MA 45 70 73 61 63 312
78 61 Stockton, CA 76 96 38 82 22 314
79 76 Louisville-Jefferson County, KY-IN 82 71 79 19 65 316
80 82 Memphis, TN-MS-AR 91 86 50 28 61 316
81 77 St. Louis, MO-IL 70 73 83 21 74 321
82 93 Chicago-Naperville-Joliet, IL 37 81 72 58 75 323
83 66 Boston-Quincy, MA 15 48 87 85 90 325
84 89 Gary, IN 83 82 70 24 66 325
85 73 Springfield, MA 47 62 90 39 89 327
86 87 San Francisco-San Mateo-Redwood City, CA 8 37 89 99 96 329
87 79 Essex County, MA 16 68 74 78 94 330
88 85 Los Angeles-Long Beach-Glendale, CA 53 74 47 81 76 331
89 84 Greensboro-High Point, NC 81 63 75 36 85 340
90 60 Fresno, CA 85 100 42 70 48 345
91 95 San Jose-Sunnyvale-Santa Clara, CA 1 79 68 100 98 346
92 94 Cleveland-Elyria-Mentor, OH 67 78 94 20 91 350
93 90 Grand Rapids-Wyoming, MI 68 92 86 25 81 352
94 86 Milwaukee-Waukesha-West Allis, WI 87 57 92 33 83 352
95 88 Dayton, OH 72 87 99 6 97 361
96 97 Toledo, OH 84 93 95 7 86 365
97 92 Warren-Troy-Farmington Hills, MI 29 91 98 54 93 365
98 98 Youngstown-Warren-Boardman, OH-PA 94 94 96 3 87 374
99 99 New Orleans-Metairie-Kenner, LA 98 90 76 35 100 399
100 100 Detroit-Livonia-Dearborn, MI 90 98 100 13 99 400