The “NSJV as a Place” section provides data for indicators on housing, health, the environment, and travel/tourism.
Key findings include the following:
- Median home values continued to grow across the NSJV, and are now well above the U.S. average. Median home values are still about 35% below their housing bubble peak but have grown 65% since bottoming out in 2011.
- In addition, during the past year, there has been a significant increase in multi-family residential permits and an increase in the percent of housing units that are owner occupied.
- Housing affordability remains a challenge in the NSJV as home prices and rents have continued to rise. However, the share of households spending more than 30% of income on housing declined for the seventh consecutive year as incomes increased and mortgage rates were at record lows.
- Inter-regional commuting remains a significant feature, with annual ACE Train and Amtrak ridership approaching 2 million.
- The Affordable Care Act continues to increase health insurance coverage in the NSJV. The share of the NSJV population with health insurance increased to 93% in 2015, a major increase from the from 81% reporting coverage in the region in 2013.