Home Affordability Plummets: Half of U.S. States Now Require Six-Figure Salaries to Pay for Median-Priced House

Half of US states now require 6-figure income to afford a median-priced home with a mortgage, up from just 6 states plus DC in January 2020.

Map shows how much income needed for a median-priced home by state, assuming 20% down payment and 30-year fixed mortgage.

"Manageable" mortgage defined as not exceeding 28% of gross household income.

Analysis only factors mortgage payment, not other costs like closing or maintenance.

Median home price for a state doesn't reflect specific area median home prices.