{"id":40,"date":"2007-05-29T23:30:24","date_gmt":"2007-05-30T07:30:24","guid":{"rendered":"http:\/\/www.tranzoa.net\/~alex\/blog\/?p=40"},"modified":"2007-05-29T23:30:24","modified_gmt":"2007-05-30T07:30:24","slug":"egalitarian-home-prices-by-state","status":"publish","type":"post","link":"https:\/\/www.tranzoa.net\/~alex\/blog\/?p=40","title":{"rendered":"Egalitarian Home Prices by State"},"content":{"rendered":"

Through a chain started at information aesthetics<\/a> I happened upon a list of average and median home prices at Trulia<\/a>.<\/p>\n

First thing I wondered was, what’s the egalitarian factor?<\/p>\n

Egalitarian factor?<\/p>\n

Well, if the average price is way, way higher than the median price, you gotta figure that a few big numbers pull the average up, leaving the median as a better indicator of intuitive price. So, divide the median by the average and you have a number that goes up as the prices are more egalitarian. Don’t you?<\/p>\n

Here are the results for today’s numbers:<\/p>\n

\r\nState                Factor Average  Median<\/strong>\r\n\r\nDistrict Of Columbia  <\/font> 1.15  627362  720000\r\nIowa                  <\/font> 0.84  180103  150500\r\nNebraska              <\/font> 0.82  182592  150000\r\nWisconsin             <\/font> 0.82  241716  198000\r\nVirginia              <\/font> 0.72  459543  329900\r\nWashington            <\/font> 0.71  430707  305950\r\nNew Hampshire         <\/font> 0.70  371624  259500\r\nAlaska                <\/font> 0.67  315929  210700\r\nMaryland              <\/font> 0.64  496329  320000\r\nOhio                  <\/font> 0.64  209321  133358\r\nMinnesota             <\/font> 0.63  311943  196812\r\nKentucky              <\/font> 0.63  213286  134500\r\nNew Jersey            <\/font> 0.62  549482  342000\r\nCalifornia            <\/font> 0.61  737454  452000\r\nNevada                <\/font> 0.61  511755  309995\r\nIllinois              <\/font> 0.59  386626  230000\r\nLouisiana             <\/font> 0.59  279841  165000\r\nPennsylvania          <\/font> 0.59  305138  179900\r\nOregon                <\/font> 0.59  416287  244900\r\nRhode Island          <\/font> 0.58  457480  265000\r\nDelaware              <\/font> 0.56  426997  237000\r\nArkansas              <\/font> 0.55  222335  123000\r\nMassachusetts         <\/font> 0.55  563596  310000\r\nTexas                 <\/font> 0.55  265163  144900\r\nHawaii                <\/font> 0.54  963770  522000\r\nArizona               <\/font> 0.54  459513  248229\r\nAlabama               <\/font> 0.53  272234  145000\r\nGeorgia               <\/font> 0.53  323621  172000\r\nNew York              <\/font> 0.52  666838  350000\r\nNorth Dakota          <\/font> 0.52  169117   88600\r\nFlorida               <\/font> 0.52  454882  236000\r\nOklahoma              <\/font> 0.51  206465  106000\r\nTennessee             <\/font> 0.51  261497  132500\r\nColorado              <\/font> 0.50  475910  240000\r\nMichigan              <\/font> 0.50  246792  123192\r\nMaine                 <\/font> 0.49  316602  155300\r\nWest Virginia         <\/font> 0.47  223331  105000\r\nSouth Dakota          <\/font> 0.46  222642  101700\r\nVermont               <\/font> 0.42  377453  159355\r\nNorth Carolina        <\/font> 0.41  330054  136149\r\nMissouri              <\/font> 0.39  218186   84624\r\nSouth Carolina        <\/font> 0.38  340385  129900\r\nConnecticut           <\/font> 0.37  707500  260000\r\nMississippi           <\/font> 0.34  241566   82700\r\nNew Mexico            <\/font> 0.34  374934  127503\r\nMontana               <\/font> 0.31  485158  151300\r\nIndiana               <\/font> 0.31  204847   63655\r\nKansas                <\/font> 0.30  197649   59044\r\nUtah                  <\/font> 0.26  501207  129000\r\nWyoming               <\/font> 0.23  569040  130702\r\nIdaho                 <\/font> 0.21  413325   85000\r\n\r\n<\/pre>\n
So, there is it, folks. DC is the most egalitarian “state”. In fact, you really must wonder about a place where the average is apparently pulled down<\/strong> by a few small numbers. Maybe there are a few houses in DC that people have paid a lot of money to get rid of. Not, mind you, the White House. Anyway, it’s interesting that the US government bureaucrat states of DC, Maryland, and Virgina are near the top of the list. Do such states disproportionately use apartments for low-end housing, taking the low numbers off the stats?<\/p>\n
Some other interesting things in this list:<\/p>\n
1) Washington state is pretty high on the list. Notice that I’ve ordered the list egalitarian-on-top.<\/p>\n
2) The state names are colored by median price. Higher price, more red, less blue. And the reverse. I think that in a country where people are free to live where they want, it makes sense that the high end places are more “egalitarian”, even if there were not arithmetic reasons for this. <\/p>\n
2) What’s with Kansas? Neighbors Iowa and Nebraska are similarly low priced and at the top of the list, but Kansas is at the bottom. Are a few rich people building houses in Kansas (can you say “Montana” or “Idaho”)?<\/p>\n","protected":false},"excerpt":{"rendered":"
Through a chain started at information aesthetics I happened upon a list of average and median home prices at Trulia. First thing I wondered was, what’s the egalitarian factor? Egalitarian factor? Well, if the average price is way, way higher … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,2],"tags":[],"class_list":["post-40","post","type-post","status-publish","format-standard","hentry","category-bloggy-things","category-money"],"_links":{"self":[{"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/posts\/40","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40"}],"version-history":[{"count":0,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=\/wp\/v2\/posts\/40\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tranzoa.net\/~alex\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}