Want to know what is going on around the country in terms of affordability? Here are the most and least affordable cities in terms of real estate price in relation to income.
• Indianapolis – median home price is $106,000, median income $68,100
• Detroit – median home price is $86,000, median income $57,100
• Dayton, Ohio – median home price is $106,400, median income $62,100
• Youngstown, Ohio – median home price is $76,000, median income $54,300
• Akron, Ohio – median home price is $100,000, median income $65,000
The least:
• New York City – median home price is $425,000, median income $64,800
• San Francisco – median home price is $625,000, median income $96,800
• Honolulu – median home price is $450,000, median income $79,300
• Santa Ana, CA – median home price is $435,000, median income $86,100
• Los Angeles – median home price is $320,000, median income $62,100
Ya its good , this investments are very useful.thanku!the homes are nice.
ReplyDeleteStephainss
http://www.glasyads.com
Thanks, I was sad to not see St. Louis Missouri on the top of the list, but maybe its time for a move!
ReplyDeleteDoesn't matter whether one is investing in the most expensive area or the least. The object is to get value for the money. Thhis means a property at a good price that has good potential. Local real estate knowledge is a must to accomplish this.
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