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  • Buyers would need to earn six figures to afford a median-priced home in all but 15 states
  • The average four-person household can’t afford the mortgage on a median three-bedroom home.
Highest: In Hawaii, a median three-bedroom home costs $797K, requiring a $229K salary. Lowest: In West Virginia, the buyer needs a $71K salary—well below the state’s $90K median income.
I have purchased a house in at least one of those states, while earning significantly less than the "needed" income, and it was a very good financial move.
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Mortgage seems to be increasing rapidly in the US
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