Houston unlocks 5th-highest growth rate in US for middle-class homeowners

Monday, March 21, 2022
HOUSTON, Texas -- The ranks of middle-class homeowners in the Greater Houston area grew at an impressive rate from 2010 to 2020, according to a new study.

Among middle-income housing markets with at least 50,000 more middle-income, home-owning households during the 10-year period, the Houston area tacked on 52,716 of these households, says the study released by the National Association of Realtors. That puts Houston ranked fifth overall in the U.S.
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Houston is also booming in another area. Looking at the amount of housing wealth created for the middle class from 2010 to 2020, Houston's total was $51.5 billion, according to the study.

Continue reading this article from our ABC13 partners at Houston CultureMap.
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