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Rants and Gems #130Home Buyers Need a Salary of $150,000 in These 6 States

22m | Apr 11, 2024

Home buyers need to be earning more than $150,000 annually to afford a median-priced home in six states across the country, as well as the nation's capital, according to a recent analysis by consumer financial services company Bankrate.


California requires the highest salary, where would-be property owners need to be earning $197,057 per year to buy a typical home, followed by Hawaii ($185,829), Washington, DC ($167,871), Massachusetts ($162,471), Washington state ($156,814), Colorado ($152,229) and New Jersey ($152,186).



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