Martha’s Vineyard, Massachusetts is known as a playground of the affluent, but its year-round residents need to pay a pretty penny, as Dukes County ranks near last in this gauge of homeowner affordability.
Percent of owner-occupied housing units valued at or less than roughly three times of the Area Median Income for a four-person family in 2009. For example, a family with an income of $30,000 could afford to purchase a home valued at less than $80,000. Area Median Income is the median income for a family of a specified size within the county (if the area is located outside of a metropolitan area) or metropolitan area (if the area is located within a metropolitan area), as published by HUD.
Percent of all homes that are likely affordable for a 4-person family earning 100% of AMI in 2009
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