Upcoming Changes for Some Home Buyers & Homeowners Under the new tax law, homeowners will have decisions to make in 2018,
How Much Do You Need To Earn To Live In These Cities
The metro area of San Jose-Sunnyvale-Santa Clara, Calif., is where home owners boast the highest median incomes at $115,297, according to a recent analysis of the 2012 American Community Survey data by the National Association of Home Builders.
For comparison, the median household income of owner-occupied housing nationwide is $65,514. NAHB notes that many of the metros with the highest home owner income also are in metros that have some of the highest median home values.
The following 10 metro areas have the highest home owner incomes:
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San Jose-Sunnyvale-Santa Clara, Calif.: $115,297
Bethesda-Rockville-Frederick, Md.: $114,444
Washington-Arlington-Alexandria, D.C./Va./Md./W.Va.: $111,816
San Francisco-San Mateo-Redwood City, Calif.: $110,663
Cambridge-Newton-Framingham, Mass.: $105,786
Bridgeport-Stanford-Norwalk, Conn.: $104,790
Nassau-Suffolk, N.Y.: $102,632
Oakland-Fremont-Hayward, Calif.: $101,124
Newark-Union, N.J./Pa.: $100,067
Boulder, Colo.: $97,690
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