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Do you need to make $100,000 to buy a home? Census data says yes

Summary by NBC News

The median income for new homebuyers has increased sharply since the Covid pandemic and surpassed six figures, according to an NBC News analysis of U.S. Census Bureau data.

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DNyuz

Buying a home in the U.S. now requires earning at least $100,000, data shows

Do you need to make more than $100,000 to buy a home? More and more, the answer is yes. The median income for new homebuyers has increased sharply since the Covid pandemic and surpassed six figures, according to an NBC News analysis of U.S. Census Bureau data. Experts say this is an omen of economic distress. The change reflects the exclusivity of today’s housing market, one where even prospective buyers with a six-figure salary can struggle. Ne…

18 hours ago

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NBC News

Do you need to make $100,000 to buy a home? Census data says yes

The median income for new homebuyers has increased sharply since the Covid pandemic and surpassed six figures, according to an NBC News analysis of U.S. Census Bureau data.

19 hours ago·United States

Read Full Article

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