Here’s a look at seven metro areas where you will need to earn a six-figure annual salary to buy a median-priced home. If house hunters in the San Francisco metro area put 10% down instead of 20%, the required salary increases to $229,404.88. If buyers in the Los Angeles metro area put 10% down instead of 20%, the required salary increases to $141,564.87. If home buyers put 10% down instead of 20%, the required salary rises to $119,804.57. If buyers put 10% down instead of 20%, the required salary increases to $122,484.17.
Source: Forbes February 28, 2019 13:30 UTC