The income needed to comfortably afford a home is up 80% since 2020, while median income has risen 23% in that time
SEATTLE, Feb. 29, 2024 /PRNewswire/ — Home shoppers today need to make more than $106,000 to comfortably afford a home, a new Zillow® analysis finds. That is 80% more than in January 2020, showing how the math has changed for hopeful buyers, who are more often partnering with friends and family or “house hacking” their way to homeownership.
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