Wage Growth Is Outpacing Home Price Growth in Major Bay Area Job Centers
- Marin County is the nation’s second-least affordable housing market, with the average household needing to spend more than 120 percent of its annual wages to purchase the median-priced home.
Marin County is America’s second-least affordable housing market, with 124.1 percent of the average income needed to purchase the median-priced home. Elsewhere across the Bay Area, the amount of income a buyer would spend on a home ranges from 92 percent in San Francisco County to 56 percent in Solano County. Los Angeles County homebuyers would fork over 73 percent of their annual wages to afford the median-priced home. Read full analysis @elizabethGkilgore
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