Typical Family Can’t Afford House In 35 Of 50 Biggest U.S. Cities
View Source | August 4, 2022 12:58 pm
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- A salary of $76,000 in the U.S. is needed to afford the median home, $8,500 more than the median income.
- A family making the typical salary of $67,500 can’t afford homes in 35 of the 50 largest U.S. cities.
- San Jose leads the nation in home prices, with a median price of $1,875,000 requiring a salary of $330,758.
- Pittsburgh is most affordable of the top 50, with a salary of $42,858 affording the median home at $185,700.
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