Think Bigger Today index
Mortgage Affordability Stress Index
MASI combines the weekly Freddie Mac 30-year fixed rate with Census median home values and median household incomes to show how much of a typical paycheck a typical mortgage now takes in each state. A score of 0 means a payment near 15% of income; 100 means 65% or more.
Based on a 30-year fixed rate of 6.67% and a 20% down payment.
Most stressed
Hawaii
50% of median income goes to the mortgage
Least stressed
Iowa
16% of median income goes to the mortgage
Income needed
$170,147
To keep the Hawaii median payment at 28% of gross income
States scored
52
Updated every week with the new mortgage rate print
Every state by mortgage stress
Higher scores mean the median mortgage payment eats a larger share of the median household income.
- 1Hawaii$3,970/mo70.1
- 2California$3,649/mo62.4
- 3District of Columbia$3,628/mo55.6
- 4New York$2,742/mo46.5
- 5Washington$2,672/mo38.9
- 6Oregon$2,167/mo36.3
- 7Colorado$2,450/mo35.5
- 8Massachusetts$2,665/mo34.8
- 9Nevada$1,942/mo34.7
- 10Puerto Rico$646/mo32.7
- 11Montana$1,648/mo29.5
- 12Utah$2,137/mo28.5
- 13Idaho$1,714/mo28.2
- 14Florida$1,567/mo25.0
- 15Arizona$1,673/mo24.5
- 16Rhode Island$1,780/mo22.6
- 17New Jersey$2,152/mo22.5
- 18Wyoming$1,556/mo20.8
- 19Virginia$1,974/mo19.5
- 20Maryland$2,015/mo17.6
- 21Delaware$1,584/mo17.5
- 22Connecticut$1,803/mo17.3
- 23Vermont$1,447/mo16.0
- 24Tennessee$1,255/mo15.8
- 25New Hampshire$1,722/mo15.1
- 26Maine$1,309/mo15.1
- 27North Carolina$1,275/mo14.9
- 28New Mexico$1,100/mo14.6
- 29Alaska$1,604/mo14.4
- 30South Carolina$1,157/mo13.2
- 31Georgia$1,311/mo12.8
- 32Minnesota$1,494/mo11.6
- 33Louisiana$1,024/mo11.6
- 34Texas$1,257/mo10.4
- 35Wisconsin$1,206/mo9.4
- 36North Dakota$1,200/mo9.0
- 37Pennsylvania$1,217/mo8.6
- 38Illinois$1,286/mo8.3
- 39South Dakota$1,087/mo7.8
- 40Alabama$937/mo7.0
- 41Michigan$1,061/mo6.6
- 42Missouri$1,027/mo6.5
- 43Kentucky$932/mo6.4
- 44Arkansas$853/mo5.7
- 45Nebraska$1,058/mo4.9
- 46Mississippi$781/mo4.7
- 47Ohio$979/mo4.5
- 48Kansas$1,024/mo4.1
- 49Oklahoma$878/mo4.0
- 50Indiana$971/mo3.9
- 51West Virginia$777/mo3.3
- 52Iowa$959/mo2.2
Payment assumes a 20% down payment on the state median home value, 30-year term, principal and interest only.
How MASI is built
We amortise 80% of the state median home value over 360 months at the latest 30-year fixed rate, then divide that payment by one twelfth of the state median household income. That share of income is rescaled onto a 0–100 index between 15% (comfortable) and 65% (severe).
Because the mortgage rate refreshes weekly and the Census inputs refresh annually, the index reacts to rate moves in real time while holding local price and income levels constant.
Source: U.S. Census Bureau, American Community Survey 5-year estimates (state median household income and median home value); Freddie Mac Primary Mortgage Market Survey via FRED (weekly 30-year fixed rate). Latest observation 2026-08-13.
Related: Financial Stress Score · True Cost of Living Index