Back in 1984, the median yearly income for an American household was $22,420, while the median house price for the first quarter of that year stood at $78,200 — that's a price to income ratio of less than 3.5.

As of 2022, median home prices are now nearly six times the country's median annual household income of $74,600.

To illustrate just how wide America's income-housing gap is becoming, Visual Capitalist analyzed Federal Reserve data on household income and housing prices, and charted the US home sales price to income ratio between 1984 and 2022.

Note: the visualization does not take into account actual household disposable income, nor the impact of changing interest rates on mortgage repayments. The datasets used are in current US dollars, so the figures presented below have not been adjusted for inflation.

Click image to enlarge

For more data on US housing affordability, check out these:

• The Median Down Payment For A House, By US State
• The Most And Least Affordable ZIP Codes To Buy A Home In

Via Visual Capitalist.