Last month, staff attended the Partnership for Housing Affordability’s 2025 State of Housing conference. At the conference, eye-opening data reinforced the urgent need for more affordable housing locally. To afford the median home price in the region—now $410,000—a buyer must earn $123,000 annually. Five years ago, the median home price was $292,000, requiring an annual income of $62,000. That’s a 98% increase in the income needed to buy the median-priced home. This new income threshold puts homeownership out of reach for many essential workers, including police officers, teachers, and childcare workers.
The need for more affordable housing is critical to our community’s future. Check out this article, which highlights key data points and the growing housing crisis.
