Where Can We Afford?
Every state colored by how affordable its typical home is to the median US household ($80,610/yr) at today's 6.43% rate. Greener is more affordable.
Affordability by state
31 of 51 states affordable to the median householdHome price ÷ income:≤3× income3–4×4–5×5–7×>7×
Hover a state for its home value, the income needed to buy there, and whether the median household can afford it.
Ranked
most → least affordable| State | Typical home | Price-to-income | Income needed | Payment | Median household |
|---|---|---|---|---|---|
| West Virginia | $178,719 | 2.2× | $35,017 | $1,255/mo | Affordable |
| Mississippi | $197,008 | 2.4× | $38,601 | $1,383/mo | Affordable |
| Louisiana | $216,254 | 2.7× | $42,372 | $1,518/mo | Affordable |
| Arkansas | $226,473 | 2.8× | $44,374 | $1,590/mo | Affordable |
| Oklahoma | $223,590 | 2.8× | $43,809 | $1,570/mo | Affordable |
| Kentucky | $235,060 | 2.9× | $46,056 | $1,650/mo | Affordable |
| Alabama | $239,515 | 3× | $46,929 | $1,682/mo | Affordable |
| Iowa | $238,019 | 3× | $46,636 | $1,671/mo | Affordable |
| Kansas | $249,382 | 3.1× | $48,863 | $1,751/mo | Affordable |
| Ohio | $248,719 | 3.1× | $48,733 | $1,746/mo | Affordable |
| Indiana | $259,711 | 3.2× | $50,887 | $1,823/mo | Affordable |
| Michigan | $266,964 | 3.3× | $52,308 | $1,874/mo | Affordable |
| Missouri | $268,423 | 3.3× | $52,593 | $1,885/mo | Affordable |
| Nebraska | $282,169 | 3.5× | $55,287 | $1,981/mo | Affordable |
| Illinois | $294,136 | 3.6× | $57,632 | $2,065/mo | Affordable |
| North Dakota | $290,642 | 3.6× | $56,947 | $2,041/mo | Affordable |
| Pennsylvania | $289,277 | 3.6× | $56,679 | $2,031/mo | Affordable |
| South Carolina | $308,062 | 3.8× | $60,360 | $2,163/mo | Affordable |
| Texas | $302,550 | 3.8× | $59,280 | $2,124/mo | Affordable |
| New Mexico | $319,816 | 4× | $62,663 | $2,245/mo | Affordable |
| South Dakota | $323,067 | 4× | $63,300 | $2,268/mo | Affordable |
| Georgia | $334,465 | 4.1× | $65,533 | $2,348/mo | Affordable |
| North Carolina | $339,236 | 4.2× | $66,468 | $2,382/mo | Affordable |
| Tennessee | $336,445 | 4.2× | $65,921 | $2,362/mo | Affordable |
| Wisconsin | $339,653 | 4.2× | $66,550 | $2,385/mo | Affordable |
| Minnesota | $354,135 | 4.4× | $69,387 | $2,486/mo | Affordable |
| Wyoming | $367,664 | 4.6× | $72,038 | $2,581/mo | Affordable |
| Florida | $377,578 | 4.7× | $73,981 | $2,651/mo | Affordable |
| Alaska | $395,622 | 4.9× | $77,516 | $2,778/mo | Affordable |
| Vermont | $400,274 | 5× | $78,428 | $2,810/mo | Affordable |
| Delaware | $410,212 | 5.1× | $80,375 | $2,880/mo | Affordable |
| Maine | $416,614 | 5.2× | $81,629 | $2,925/mo | Stretched |
| Virginia | $417,463 | 5.2× | $81,796 | $2,931/mo | Stretched |
| Arizona | $423,681 | 5.3× | $83,014 | $2,975/mo | Stretched |
| Maryland | $434,033 | 5.4× | $85,042 | $3,047/mo | Stretched |
| Nevada | $447,276 | 5.5× | $87,637 | $3,140/mo | Stretched |
| Connecticut | $447,447 | 5.6× | $87,671 | $3,142/mo | Stretched |
| Montana | $472,852 | 5.9× | $92,648 | $3,320/mo | Stretched |
| Idaho | $480,645 | 6× | $94,175 | $3,375/mo | Stretched |
| Oregon | $502,934 | 6.2× | $98,542 | $3,531/mo | Stretched |
| Rhode Island | $509,691 | 6.3× | $99,866 | $3,579/mo | Stretched |
| New Hampshire | $516,578 | 6.4× | $101,216 | $3,627/mo | Stretched |
| New York | $517,805 | 6.4× | $101,456 | $3,636/mo | Stretched |
| Colorado | $543,270 | 6.7× | $106,446 | $3,814/mo | Stretched |
| Utah | $541,277 | 6.7× | $106,055 | $3,800/mo | Stretched |
| District of Columbia | $582,077 | 7.2× | $114,049 | $4,087/mo | Stretched |
| New Jersey | $578,855 | 7.2× | $113,418 | $4,064/mo | Stretched |
| Washington | $603,870 | 7.5× | $118,319 | $4,240/mo | Stretched |
| Massachusetts | $667,265 | 8.3× | $130,741 | $4,685/mo | Stretched |
| California | $775,550 | 9.6× | $151,958 | $5,445/mo | Stretched |
| Hawaii | $832,183 | 10.3× | $163,054 | $5,843/mo | Stretched |