This state has the least affordable housing market in the U.S. based on income — and it’s NOT California
Posted on AllSides March 17th, 2021
From The Center
New homes are out of reach for many households nationwide — but in some states only a small fraction of families can afford to purchase a newly-built house.
A new analysis from HowMuch.net, a financial literacy website, explored what percentage of households in each state nationwide, plus the District of Columbia, could afford the cost of a newly-constructed home.
The analysis used median home-price data from the National Association of Home Builders and statistics on housing affordability from the National Association of Realtors, which accounted for median income levels and...
