The evolution of Buncombe home prices and UNCA salaries
Click on a region or dot on the map and/or an employee class under the graph to see how the cost to buy a home in the area has grown relative to the buying power of the UNCA employee type.
Notes
The solid green line
()
indicates the median sales price of a home in the region chosen on the map.
The thinner, dashed green lines
()
indicate the quartiles for the price of a home in the region chosen on the map.
The solid red line
()
indicates the median purchasing power of an employee from the class chosen by the buttons below the graph.
Following this webpage from Fidelity Investments, purchasing power is defined to be 4 times gross annual income.
The salary data was obtained directly from UNCA during my stint with our Total Compensation Task Force.
The housing prices were kindly provided by
Mosaic Realty.