Austin is 8th among the nation's 100 biggest metros for Economic Security

Austin is 8th among the nation's 100 biggest metros for Economic Security afforded families.

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The MetroTrends team has graded the nation’s 100 biggest metros on how much economic security they offer families in these tough times. The rankings reflect erosion in house values, current unemployment, purchasing power of a low-wage job, and the rate of serious mortgage delinquencies. The best? Oklahoma City. The worst? Las Vegas.

Austin-Round Rock-San Marcos

Overall: A | 8th

Home Price Erosion: A | -7.8%

Unemployment: B | 7.5%

Housing Unaffordability: D | 1.64

Inc. Needed for 2-BR Apt: $38,160
Inc. from Low-Skill Job: $23,260

Serious Mort. Delinq.: A | 3.9%

Are you a super data geek?  You can download the full Excel Spreadsheet from my website:
http://www.VioletCrownRealEstate.com/docs/Top100Rank.xls

By Urban Institute