annual · indexed (100 = shared start)

House prices vs median household income

Have home prices outpaced what a typical household earns?

Data through 2024
0.00100.0200.0300.0400.0500.0600.0198719942002200920172024
Case-Shiller US home price index
Median household income
House prices vs median household income: summary statistics (Max range)
SeriesFirstLatestMinMax
Case-Shiller US home price index100.0485.1100.0485.1
Median household income100.0321.3100.0321.3
Source:S&P Dow Jones Indices via Federal Reserve Economic Data (FRED)CSUSHPISAMEHOINUSA646N· Data may be revised by the source.
  • Latest chart point (2024-01-01) predates the newest source observation (2026-04-01); one input series may be lagging.

FormulaIndex CSUSHPISA (annual midpoint) and MEHOINUSA646N to 100 at the shared start
Methodology

S&P CoreLogic Case-Shiller U.S. National Home Price Index (CSUSHPISA, seasonally adjusted, nominal, index Jan 2000 = 100) versus median household income (MEHOINUSA646N, current dollars), both rebased to 100 at their shared start. Both series are nominal so the comparison is like-for-like: a house-price line above the income line means housing costs have grown faster than typical household income over the window. House prices are monthly; household income is annual, so income is shown as a step at each year and the within-year comparison is approximate.

Freshness
Data through
2024
Last refreshed
24 Jul 2026
Native frequency
annual

The site is refreshed separately from the source. Data through = the latest observation published by FRED; last refreshed = when PIER20 last fetched the file.

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