Study: Six-Figure Income Needed To Afford Home In More Than Half Of U.S. | Bankrate
www.bankrate.com
Aspiring homebuyers need an annual household income of nearly $117,000 to afford the typical home in the U.S., according to a new Bankrate study.
  • thesystemisdown@lemmy.worldEnglish
    4·
    22 hours ago

    It would be nice to be able to review their methodology. Averages are often pointless metrics. They don’t even hint at how they arrived at ‘typical.’

    Edit: My bad. They define typical as $418,489.