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In Topeka, 47% of renters are rent-burdened by what they pay in housing costs, leaving them less income for basic needs, and making it difficult to save up for better housing in the future.
The definition of affordable housing is generally accepted to mean that an individual or family spends no more than one-third of their monthly budget on housing and utility costs. The median ...
Marsha Pope, president of the Topeka Community Foundation said that there is a need for housing in all parts of Topeka. New construction will bring affordable apartments to North Topeka. Here's ...
Home prices by county (2021) <$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000+ Cost of housing by State. This article contains a list of U.S. states and the District of Columbia by median home price, according to data from Zillow.
A housing affordability index (HAI) is an index that measures housing affordability, usually the degree to which the median person or family in a particular country or region can afford housing/housing-related costs. [1] [2] [3] Housing affordability is one contribution to the cost of living in an area; measured by the cost-of-living index. [3]
The difference in housing costs from state to state is especially important. The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state).
Topeka's Land Bank Pilot Program. The city governing body voted in 2023 to set aside $500,000 for a three-year Land Bank Pilot Program. The goal of the program was to transform vacant and blighted ...
According to the Housing and Urban Development, total housing costs are affordable if they meet or are below 30% of annual income. [50] According to the American Community Survey of 2016, 54.8% of renters in San Diego pay 30% or over of their income toward rent and housing costs every month. [51]