Least Affordable Metro Areas
Topics:Economy (Global) | Economy (U.S.) | Housing | Real Estate
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Photo: Eric Fredericks If you’re looking for inexpensive housing, stay clear of the East and West coasts: They are home to some of the least affordable metro areas in the country. Take a look at the top 10, ranked by the percentage of affordable homes for families making a median salary in that area.Source: National Association of Home Builders/Wells Fargo Housing Opportunity Index. Based on fourth quarter 2008 data. Posted 20 Mar 2009»Slideshow: Most Affordable Metro Areas |
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Photo: Paul Garland Median home price: $131,000 Median family income: $37,200 Share of affordable homes: 33.9% »Slideshow: Most Affordable Metro Areas |
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Photo: April Younglove Median home price: $388,000 Median family income: $84,100 Share of affordable homes: 33.5% »Slideshow: Most Affordable Metro Areas |
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Photo: Markus Median home price: $225,000 Median family income: $49,200 Share of affordable homes: 32.5% »Slideshow: Most Affordable Metro Areas |
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Photo: Aaronbrick Median home price: $400,000 Median family income: $79,900 Share of affordable homes: 29.1% »Slideshow: Most Affordable Metro Areas |
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Photo: Marc Gallant Median home price: $379,000 Median family income: $65,500 Share of affordable homes: 27.9% »Slideshow: Most Affordable Metro Areas |
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Photo: Eric Fredericks Median home price: $319,000 Median family income: $59,800 Share of affordable homes: 26.9% »Slideshow: Most Affordable Metro Areas |
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Photo: Peter Bond Median home price: $391,000 Median family income: $97,100 Share of affordable homes: 25.5% »Slideshow: Most Affordable Metro Areas |
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Photo: Omar Bárcena Median home price: $376,000 Median family income: $67,000 Share of affordable homes: 20.7% »Slideshow: Most Affordable Metro Areas |
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Photo: Wonderlane Median Home Price: $575,000 Median Family Income: $94,300 Share of affordable homes: 20.6% »Slideshow: Most Affordable Metro Areas |
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Photo: lemoncat1 Median home price: $455,000 Median family income: $63,000 Share of affordable homes: 13.9% »Replay Slideshow»Slideshow: Most Affordable Metro Areas |
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