: A median home now requires a monthly payment of approximately $9,500 before taxes (including mortgage, taxes, and insurance) to stay within the recommended "30% rule".
: Homebuyers need to earn at least $100,000 annually to afford a median-priced home in 22 states and Washington, D.C.. Income Requirements by Region salary requirements to buy a house
The "salary gap" has widened significantly, as the current median U.S. household income of ~$80,600 is roughly than what is recommended for a median-priced home. : A median home now requires a monthly