You need almost double the median household income to buy a house You need almost double the median household income to buy a house - Talk of The Villages Florida

You need almost double the median household income to buy a house

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Old 11-07-2023, 09:28 AM
Rainger99 Rainger99 is online now
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Default 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
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Old 11-07-2023, 09:33 AM
Caymus Caymus is offline
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Quote:
Originally Posted by Rainger99 View Post
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.

Housing affordability drops to the lowest level since 1984 - MarketWatch
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