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Title: Here's How Much You Need To Earn To Afford A Home In 50 US Cities
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URL Source: ... -earn-afford-home-50-us-cities
Published: Aug 3, 2022
Author: Tyler Durden
Post Date: 2022-08-03 22:44:24 by Horse
Keywords: None
Views: 22
Comments: 1

Depending on where you live, owning a home may seem like a far off dream or it could be fairly realistic. As Visual Capitalist's Avery Koop details below, in New York City, for example, a person needs to be making at least six figures to buy a home, but in Cleveland you could do it with just over $45,000 a year.

This visual, using data from Home Sweet Home, maps out the annual salary you’d need for home ownership in 50 different U.S. cities.

(1 image)

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#1. To: Horse (#0)

You don't need to be earning anything in order to buy a house if you already have the money to buy it.

This article assumes that everybody who buys a house is going to borrow money to do so.

StraitGate  posted on  2022-08-03   22:56:15 ET  Reply   Trace   Private Reply  

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