Just 1 in 5 San Francisco households can afford to buy a mid-priced home in their city, where the typical price tag is about $1.29 million. But back in 2005, only 1 in 10 households could afford a mid-priced home.
That’s according to an analysis of data from the U.S. Census Bureau and real estate company Zillow. The Chronicle calculated how many households could buy a mid-priced home — including co-ops and condominiums — while keeping their housing payments below 30% of their income.
• Related: This key data shows S.F.’s growth remains sluggish — and far worse than rest of the Bay Area…