Median Home Prices and the Salary Needed to Make it Work
Whether you plan to buy soon or just want to stay up to date on the housing market, the median home prices in your area can provide a brief snapshot of where the market currently stands. In the link below, you can find charts and graphics of these statistics that not only compare median home prices in 50 U.S. metropolitan areas, but also provide the salary amount needed to make a monthly payment. Location, of course, has a large impact on these numbers, and sizeable differences can be seen between some cities. For instance, one city requires a salary of over $400,000, while another area requires less than $70,000. Learn more about this and view the comparisons here.