LK Marketing and Real Estate

By

Lori Konomos

·

Here’s The Salary You Have To Earn To Buy A Home In These 13 Major US Cities

Detroit, Michigan   Population: 921,147 Median Home Price: $136,300 Monthly Mortgage Payment: $845 Salary Needed To Buy: $36,000   Phoenix, Arizona    Population: 1,476,331 Median Home Price: $198,600 Monthly Mortgage Payment: $962 Salary Needed To Buy: $41,500   San Antonio, Texas    Population: 1,258,733 Median Home Price: $184,200 Monthly Mortgage Payment: $1,080 Salary Needed To…

Detroit, Michigan
 

Detroit, Michigan
Population: 921,147

Median Home Price: $136,300

Monthly Mortgage Payment: $845

Salary Needed To Buy: $36,000

 
Phoenix, Arizona
 

Phoenix, Arizona
 Population: 1,476,331

Median Home Price: $198,600

Monthly Mortgage Payment: $962

Salary Needed To Buy: $41,500

 
San Antonio, Texas
 

San Antonio, Texas
 Population: 1,258,733

Median Home Price: $184,200

Monthly Mortgage Payment: $1,080

Salary Needed To Buy: $46,500

 
Dallas, Texas
 

Dallas, Texas
 Population: 1,246,185

Median Home Price: $191,300

Monthly Mortgage Payment: $1,169

Salary Needed To Buy: $50,000

 
Houston, Texas
 

Houston, Texas
 Population: 2,076,189

Median Home Price: $204,000

Monthly Mortgage Payment: $1,208

Salary Needed To Buy: $52,000

 
Philadelphia, Pennsylvania
 

Philadelphia, Pennsylvania
 Population: 1,517,628

Median Home Price: $227,200

Monthly Mortgage Payment: $1,267

Salary Needed To Buy: $54,500

 
Baltimore, Maryland
 

Baltimore, Maryland
 Population: 640,064

Median Home Price: $255,600

Monthly Mortgage Payment: $1,345

Salary Needed To Buy: $57,500

 
Chicago, Illinois
 

Chicago, Illinois
 Population: 2,824,584

Median Home Price: $218,000

Monthly Mortgage Payment: $1,384

Salary Needed To Buy: $59,500

 
Washington, D.C.
 

Washington, D.C.
Population: 582,049

Median Home Price: $403,600

Monthly Mortgage Payment: $1,983

Salary Needed To Buy: $85,000

 
Los Angeles, California
 

Los Angeles, California
 Population: 3,794,640

Median Home Price: $420,300

Monthly Mortgage Payment: $2,025

Salary Needed To Buy: $87,000

 
New York, New York
 

New York, New York
 Population: 8,213,839

Median Home Price: $396,700

Monthly Mortgage Payment: $2,098

Salary Needed To Buy: $90,000

 
San Diego, California
 

San Diego, California
 Population: 1,284,347

Median Home Price: $504,200

Monthly Mortgage Payment: $2,335

Salary Needed To Buy: $100,000

 
San Francisco, California
 

San Francisco, California
Population: 777,660

Median Home Price: $769,600

Monthly Mortgage Payment: $3,511

Salary Needed To Buy: $150,500

 
 

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