Housing

Alabama vs Texas: Home Value to Income Ratio

Alabama has a lower home value to income ratio than Texas.

Alabama

AL · South

Winner

3.18x

Median home value divided by median household income.

Texas

TX · South

4.40x

Median home value divided by median household income.

Visual comparison

Alabama3.18x

Texas4.40x

Difference: 1.22x — Alabama leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for home value to income ratio.

Alabama #16 · 3.18x

Texas #36 · 4.40x

Best Worst

10 Best States — Home Value to Income Ratio

Lower is better

West Virginia

2.38x

Iowa

2.46x

Kansas

2.78x

Mississippi

2.87x

Ohio

2.93x

Nebraska

2.94x

Arkansas

2.96x

Kentucky

2.97x

North Dakota

2.98x

#10

Indiana

3.00x

Selected states

#16

Alabama

3.18x

#36

Texas

4.40x

Alabama ranks 16th and Texas ranks 36th nationally for home value to income ratio.

Related context

Home Affordability Ratios

A price-to-income ratio above 4× is stretched; above 6× is considered severely unaffordable.

MetricAlabamaTexas

Median Home Value $174,600 $294,400 Median Household Income $54,943 $66,963 Property Tax Rate 0.38% 1.49% Rent-to-Income Ratio 20.2% 22.1%

What this means