Thinking of buying a home? Not sure where to start? In this video I discuss some ways to help you determine if you are financially ready to take on a.
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:
Good News Orange County is not on this list? See if you can find a home here at http://arna.ehome.com
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
Real Estate Services You will love! We make the process for you. Your transaction will go smoothly, you can rest knowing that you're interests will be represented and will yield you the best price pos....
Latest Blog Posts
FHA home loans are for any financially qualified borrower. You don’t have to earn a minimum amount of money, and there is no maximum income limit for FHA mortgages. There may be a perception that