The world's largest real estate franchise by agent count
Despite home values climbing for years, the median home in 36 of the country’s 50 largest metro areas is theoretically affordable to households that earn the typical income associated with attaining only a high school diploma. That doesn’t mean all homes throughout those metro areas are affordable to all households with those degrees. Rather, the mortgage payment for a median-valued home in a given metro area is considered “affordable” — it does not consume more than 30% of income — for a household making the typical salary of a household with those degrees. And, yes, Austin made the list!