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!
Full Article here: 36 Major Metros Where High School Grads Can Afford a Home
Contact the Thomas & Kauffman Team today if you would like to buy or sell a home in the Austin metro area - (512) 730-1252 or info@AustinTxHomeSales.com.
#Real Estate #AustinHomes #Thomas&KauffmanTeam #MoveToAustin #Relocate #RelocateToAustin #AustinHomeBuyers #AustinHomeSellers #AustinJobs #AustinRealEstate #HomeForSaleAustin