Affordability Index

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Affordability Index

Definition: Affordability Index

Affordability Index
Cite Term
Sources

Full Definition of Affordability Index

A measure of the financial ability of U.S. families to buy a house. 100 means that families earning the national median income have just the amount of money needed to qualify for a mortgage on a median-priced home; higher than 100 means they have more than enough and lower than 100 means they have less than enough.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/affordability-index/
Modern Language Association (MLA):
Affordability Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 16, 2024 https://payrollheaven.com/define/affordability-index/.
Chicago Manual of Style (CMS):
Affordability Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/affordability-index/ (accessed: April 16, 2024).
American Psychological Association (APA):
Affordability Index. PayrollHeaven.com. Retrieved April 16, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/affordability-index/

Definition Sources

Definitions for Affordability Index are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.