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-   -   You need almost double the median household income to buy a house (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/you-need-almost-double-median-household-income-buy-house-345269/)

Rainger99 11-07-2023 09:28 AM

You need almost double the median household income to buy a house
 
The average cost of buying a house in the US is now $2,405 a month. In order to do that, a homebuyer would need an annual salary of $119,500 — nearly double the actual median household income of $64,240.

Housing costs have just hit a ‘new record’: Here’s what that adds up to

Caymus 11-07-2023 09:33 AM

Quote:

Originally Posted by Rainger99 (Post 2272143)
The average cost of buying a house in the US is now $2,405 a month. In order to do that, a homebuyer would need an annual salary of $119,500 — nearly double the actual median household income of $64,240.

Housing costs have just hit a ‘new record’: Here’s what that adds up to


You are low, this article has it at over $2,500 per month.:icon_wink:

Housing affordability drops to the lowest level since 1984 - MarketWatch


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