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
    0·
    3 days 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.