The narrative of the housing-in-crisis issue focuses on the lack of supply of low- and middle-income housing as the source of the problem. In some communities, however, factors such as slow wage growth, lack of transit options, and lack of access to credit play a larger role in explaining why families cannot afford housing with access to good jobs. To effectively address housing challenges and apply the right mix of policy and regulatory solutions, local leaders must first understand the unique aspects of their housing markets. This research examines the interactions between housing market characteristics—including demographic, economic, and housing supply factors—across 754 U.S. cities with populations greater than 50,000 to help guide solutions. The analysis finds that cities tend to cluster together based on how well the number of approved building permits meets the needs of residents.