Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
Inside the unseen operation to turbocharge Claude Code

Inside the unseen operation to turbocharge Claude Code

June 1, 2026
I moved to Japan alone. Building cabins in the countryside helped me feel at home.

I moved to Japan alone. Building cabins in the countryside helped me feel at home.

May 31, 2026
United flight turns around over Atlantic after onboard device sparks alarm

United flight turns around over Atlantic after onboard device sparks alarm

May 31, 2026
Zelenskyy makes a pitch to Silicon Valley’s defense startups: Bring your AI, we’ll bring the battle experience

Zelenskyy makes a pitch to Silicon Valley’s defense startups: Bring your AI, we’ll bring the battle experience

May 31, 2026
Ukraine has a war lesson for NATO forces: Drone units need to be constantly on the move with command centers buried deep

Ukraine has a war lesson for NATO forces: Drone units need to be constantly on the move with command centers buried deep

May 31, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
June 1, 2026 12:44 am EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » You now need a six-figure salary to buy a home in most of the US. Here are the 10 most and 10 least expensive cities to buy one.
You now need a six-figure salary to buy a home in most of the US. Here are the 10 most and 10 least expensive cities to buy one.
Finance

You now need a six-figure salary to buy a home in most of the US. Here are the 10 most and 10 least expensive cities to buy one.

News RoomBy News RoomMay 10, 20263 ViewsNo Comments

Americans searching for homes today are facing some of the harshest conditions yet. Some people are opting for extreme measures, like living in tiny homes in expensive neighborhoods, moving in with family members, or, sometimes, a combination of both.

A number of prospective homeowners have uprooted their lives and moved to different parts of the country — or even the world — in search of a more affordable lifestyle.

The South, in particular, saw a large influx of Northerners seeking lower home prices and a lower overall cost of living. The Midwest, too, has become a hot destination due to its growing affordability.

How much money you make plays a major role in where you can afford to live. A report from Consumer Affairs shows that the amount you need to make in order to buy a home doesn’t generally align with how much people are making.

The median household income in the US was $83,730 in 2024, according to the US Census Bureau. The Consumer Affairs report found that an annual income of $120,796 is needed for homeownership, assuming a 10% down payment. That number varies depending on where you live.

The report found that California is home to the most cities that require a handsome salary, with nine out of the 10 cities in the top 10 being in the Golden State. Meanwhile, the cities that support salaries on the lower end are scattered throughout the South and Midwest.

See what cities require the highest and lowest salaries to afford a home.

The 10 cities that require the least income to afford a home

10. Macon, Georgia

Income: $67,832

Median home-sale price: $197,500

Population: 157,056 (Macon-Bibb County)

9. Fort Smith, Arkansas

Income: $67,064

Median home-sale price: $196,000

Population: 90,507

8. Columbus, Georgia

Income: $66,245

Median home-sale price: $210,000

Population: 201,830

7. Mobile, Alabama

Income: $66,241

Median home-sale price: $232,250

Population: 201,367

6. Binghamton, New York

Income: $65,989

Median home-sale price: $175,000

Population: 46,773

5. Peoria, Illinois

Income: $65,486

Median home-sale price: $145,900

Population: 111,696

4. Flint, Michigan

Income: $63,535

Median home-sale price: $50,000

Population: 79,735

3. Shreveport, Louisiana

Income: $63,030

Median home-sale price: $185,000

Population: 176,578

2. Youngstown, Ohio

Income: $59,433

Median home-sale price: $90,000

Population: 59,123

1. Huntington, West Virginia

Income: $53,650

Median home-sale price: $144,450

Population: $44,942

The 10 cities that require the most income to afford a home

10. Honolulu, HI

Income needed: $255,280

Median sales price: $605,000

Population: 344,967

9. Salinas, CA

Income needed: $262,403

Median sales price: $699,000

Population: 160,783

8. Oxnard, CA

Income needed: $276,805

Median sales price: $797,500

Population: 200,616

7. San Luis Obispo, CA

Income needed: $280,591

Median sales price: $1,102,500

Population: 49,729

6. San Diego, CA

Income needed: $293,618

Median sales price: $950,000

Population: 1,404,452

5. Los Angeles, CA

Income needed: $301,221

Median sales price: $1,025,000

Population: 3,878,704

4. Santa Maria, CA

Income needed: $305,535

Median sales price: $617,500

Population: 111,346

3. Santa Cruz, CA

Income needed: $354,973

Median sales price: $1,352,000

Population: 62,581

2. San Francisco, CA

Income needed: $358,090

Median sales price: $1,687,500

Population: 827,526

1. San Jose, CA

Income needed: $501,012

Median sales price: $1,489,000

Population: 997,368



Read the full article here

buy cities expensive home salary sixfigure
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Ukraine has a war lesson for NATO forces: Drone units need to be constantly on the move with command centers buried deep

Ukraine has a war lesson for NATO forces: Drone units need to be constantly on the move with command centers buried deep

I reinvented myself by losing 300 pounds and moving from the US to Spain. Now I have a happier and healthier lifestyle.

I reinvented myself by losing 300 pounds and moving from the US to Spain. Now I have a happier and healthier lifestyle.

Erin Brockovich says people are angry because data centers are being ‘shoved down their throats’ in secrecy

Erin Brockovich says people are angry because data centers are being ‘shoved down their throats’ in secrecy

The US Army is tearing down old tech walls so its weapons can talk to each other

The US Army is tearing down old tech walls so its weapons can talk to each other

I was recently laid off and am struggling to find a job. I’m in my 50s, and I wonder where I fit in this current job market.

I was recently laid off and am struggling to find a job. I’m in my 50s, and I wonder where I fit in this current job market.

I spent 2 nights in an Amtrak bedroom and tried both bunks. The smaller bed won me over.

I spent 2 nights in an Amtrak bedroom and tried both bunks. The smaller bed won me over.

We moved to Japan 3 years ago. We have a lower cost of living and travel more.

We moved to Japan 3 years ago. We have a lower cost of living and travel more.

I drive from Canada to the US to shop at Trader Joe’s. These 9 items make the trip worthwhile.

I drive from Canada to the US to shop at Trader Joe’s. These 9 items make the trip worthwhile.

I met my husband at a work conference, and it was love at first sight. We then moved to the Caribbean together.

I met my husband at a work conference, and it was love at first sight. We then moved to the Caribbean together.

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

I moved to Japan alone. Building cabins in the countryside helped me feel at home.

I moved to Japan alone. Building cabins in the countryside helped me feel at home.

May 31, 2026
United flight turns around over Atlantic after onboard device sparks alarm

United flight turns around over Atlantic after onboard device sparks alarm

May 31, 2026
Zelenskyy makes a pitch to Silicon Valley’s defense startups: Bring your AI, we’ll bring the battle experience

Zelenskyy makes a pitch to Silicon Valley’s defense startups: Bring your AI, we’ll bring the battle experience

May 31, 2026
Ukraine has a war lesson for NATO forces: Drone units need to be constantly on the move with command centers buried deep

Ukraine has a war lesson for NATO forces: Drone units need to be constantly on the move with command centers buried deep

May 31, 2026
When my family of 5 moved in with my parents, there was an adjustment period. Now, they don’t want us to leave.

When my family of 5 moved in with my parents, there was an adjustment period. Now, they don’t want us to leave.

May 31, 2026

Latest News

I reinvented myself by losing 300 pounds and moving from the US to Spain. Now I have a happier and healthier lifestyle.

I reinvented myself by losing 300 pounds and moving from the US to Spain. Now I have a happier and healthier lifestyle.

May 31, 2026
Apollo’s chief economist says he sees ‘zero evidence’ of AI-related job losses, even as CEOs cite the tech in layoffs

Apollo’s chief economist says he sees ‘zero evidence’ of AI-related job losses, even as CEOs cite the tech in layoffs

May 31, 2026
Erin Brockovich says people are angry because data centers are being ‘shoved down their throats’ in secrecy

Erin Brockovich says people are angry because data centers are being ‘shoved down their throats’ in secrecy

May 31, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.