(via The Home Buying Map)
“a 3D map above that shows how much you must earn to buy a home in 27 major U.S. metros. The higher the cone rising out of the map, the greater the salary needed to buy a home. Additionally, we have highlighted the metro areas from green to red to represent the median home price. Darker green represents lower median home prices and darker red represents higher median home prices. Of the 27 metro areas we looked at, the range of salaries needed to own a home varies from $31,134 to $147,996, which is a difference of over $100,000! Do you earn enough to own a home in your metro area?
Based on the data of 27 metro areas, below is a breakdown of the top 5 metros that require the highest salaries and the bottom 5 metros that require the lowest salaries to purchase a house.”