Big-time congrats to our esteemed colleagues at the Center for Neighborhood Technology (I-GO’s proud parent org) on the massive update of its inspired Housing + Transportation Affordability Index. We’re talking data on 337 metro areas. We’re impressed. And so is the media, including the Washington Post, which ran this article on the project today.
The index — which you can check out on this website set up by CNT — now covers 337 metro areas in the U.S., with expanded and improved data. Their analysis shows that only two in five American communities — or 39 percent — are affordable for typical households when transportation costs are considered along with housing costs.
It’s a huge effort that takes into account 161,000 neighborhoods and 80 percent of the U.S. population. It provides the only comprehensive snapshot of neighborhood affordability by taking into account the transportation costs associated with neighborhood location and design.
