Salary Requirements To Buy A House Apr 2026

Salaries needed vary drastically based on local real estate markets and property tax rates. How Much You Need To Earn in Every State To Buy a Home

New York. Median home list price in July: $671,500. Median income: $85,657. Minimum income to afford median-priced home: $176,994. Realtor.com salary requirements to buy a house

: Estimates for the income needed to afford a typical home range from $114,000 to $124,817 . Salaries needed vary drastically based on local real

The "salary gap" has widened significantly, as the current median U.S. household income of ~$80,600 is roughly than what is recommended for a median-priced home. 500. Median income: $85

: Homebuyers need to earn at least $100,000 annually to afford a median-priced home in 22 states and Washington, D.C.. Income Requirements by Region