While prices have skyrocketed in many metro areas – particularly along the coasts – there are still pockets where minimum required household income is not too outrageous as opposed to say the Los Angeles-Long Beach-Anaheim area where the minimum required income to purchase a home is a gaudy $335,296.
Anyway, these metro areas certainly aren’t cheap but they may be affordable as indicated by the minimum required income:
- Houston-The Woodlands-Sugar Land, TX – $100,106
- Detroit-Warren-Dearborn, MI – $73,824
- San Antonio-New Braunfels, TX – $93,690
- Pittsburgh, PA – $69,771
- Baltimore-Columbia-Towson, MD – $99,300