This is the salary you need to earn to buy a home right now in New York, Miami and LA

Using the National Association of Realtors  data on housing affordability, Business Insider gathered a list of the US metro areas where the minimum salary required to qualify for a mortgage, after a 20 percent down payment, is highest. What they found was that the salary needed to qualify in the top-five metro areas — four of which are located in California — exceeds $100,000.

Here s what it you need to be earning to buy in New York, Miami and Los Angeles.

The New York-Newark-Jersey City, New York/New Jersey/Pennsylvania metro areas ranked 13th overall in BI s list. With a population of 20,182,305 and a median home cost of $414,000, the salary you need to buy is $76,613.

The Miami-Fort Lauderdale-West Palm Beach, Florida, metro area ranked down at number 20. With a much lower population of 6,012,331 and median home cost of $335,000 the salary a sunshine state buyer needs is $61,994.

Meanwhile in Los Angles-Long Beach-Glendale上海同城对对碰交友社区

上海夜网论坛
, California weighed in at number seven. The population is 10,170,292 and the median home cost was $514,000. That means that the salary you ll needed to buy is $95,156.

If you were wondering about what metro area took the top spot, well, that would b上海千花网论坛

上海千花网
e San Jose-Sunnyvale-Santa Clara, California. The salary needed to buy there was calculated to be $218,996. [BI] Christopher Cameron

Tags: Resi上海龙凤论坛

新上海贵族宝贝论坛
dential Real Estate
We are 上海千花网

爱上海同城对对碰
having some technical difficulties. Try again later.

By clic新爱上海同城对对碰论坛

上海同城对对碰交友社区
king Subscribe you agree to our Privacy Policy.

Leave a Reply

Your email address will not be published. Required fields are marked *