What's the REAL Salary You Need to Buy a Home in Each State?

How come buying a home takes a yearly salary of 100k but the poverty line is like 16k but I don't even make 10k a year and live comfortably...?

Ohio is pretty Affordable, Especially the Northeast Part

If it’s condo or smaller home, you won’t have to make as much as this video suggests but we still have problems with building affordable basic house.

I Suspect, $20 an Hour Won't Cut It. 40 x 20= $800 x 4= $3200 X 12=$38,400 Approximately 40k Annually with or without a Degree.

That's a Damn Shame and yet, Good Ole' America was Never Devised to Favor the Truthful, Hardworking and Noble "A People's History" Howard Zinn Thanks. 🗽So, 40k x 3= $120,000 Will Do It for North Carolina, Okay Then.🤨

Fascinating!!!

this information is cruel! life is really cruel in its true sense!😇😇😇😇😇

It’s the private equity groups driving this up for fast profit. This is part of the problem. Homes today are looked at as investment opportunities only and not places to live. Speculative homebuying has ruined the market. The only way forward is if the housing bubble bursts, like in 2006. It will reset everything. It’s the only way to bring down prices and make homes a place to live again. To afford most of these homes in these states your income and profits would have to be made outside the state or on a global scale.

I live in MT. Yes, the out of state people drove the prices up and left. You also have to take into account half the state is federal land. We have a few reservations here as well. You can look up Discovery Land Company. They just bought a spot in my zip code which is going to be a resort. I'm guessing like the one in Whitefish which is $300k/year membership or $150k/year for the social club. They have Iron Horse in Whitefish and Yellowstone Club in Big Sky.

I think the most hilarious price increase were in Libby and Billings. Both places were cheap for a reason. Libby is a superfund site and the cancer rates are still really high, so no one from here will buy anything over there. Billings is the cesspool of the state. That's where all the drug addicts and parolees are. I've heard it's gotten worse since the out of state people came in there too.

Lastly, the cold makes people leave. We are used to the cold but other people are not. I've had the front door and garage frozen shut because it was -32°F. The other mistake people make is not getting house sitter when they are out of town for the winter. There was a $2 million home that sold Oct 2023 and was back on the market January of 2024 with extensive water damage. It looked like they must have been out of town for Christmas and when they came back the entire site of the house was damaged from a pipe breaking. The drywall was all cut out and you could see mold. I'm guessing they didn't have insurance because nothing was fixed and they were selling it for a little over $800k. Yeah, you can't do that here. Either get a house sitter or shut everything off and winterize it.

Massachusetts is higher than CA. Ca is not that far off than the rest of the states

Virginia sucks. They told me i need to be meaner.

The REAL salary you need to buy a home in each state is higher than what 90% of the people make in each state.

If you're doing a list alphabetically there's virtually no reason to number the list

I don’t understand the order you went in? The salaries were all over the place.

Great, I can live in Arkansas. Lol

How do so many people own homes?

95% of the population can’t afford a home.

Whelp, guess I won't be able to return to North Carolina if I want to buy a home. I know I've looked at Raleigh-Durham recently which I once lived in. Its looking no dice.

Illinois not only avoid the Chicago area, but ST Louis metro area also, which does extend into Illinois, especially Madison county!!!!

if you want some true shock value, you should’ve done what it cost in 2019 versus now I guarantee a lot of those income requirements have doubled 😢

I've built houses my whole life. 45 yrs.
Never thought about being perpetually declined to rent one, to the point of armed eviction.

Great the average. Not real since in every state has its over priced houses. You should use a lower price and a high price and give the costs for each.

Just bought a new construction, four bedroom house in Dallas for $255K. My monthly payment is $1,256 (it’s actually $1,812 with taxes & insurance).

One thing people need to remember this is average so you can get a house in all these states for less than that

the US is a 3rd world country.

Texas surprised me. Thought it would be at least $130K.

American dream doesn’t exist anymore.

I bought my home 8 years ago. If I were to buy this home today, I would not qualify, so I'd be renting. The problem now, can we afford to keep our homes. Insurance is STUPID high now, then dust that with real estate taxes. Won't even mention the rest of life's necessities.

Connect-I-cut is how I also learned how to spell Connecticut. I still say it out loud too. I had to laugh on your last video when you said basically the same thing 🤣

Wrong about montana coming with property/land...a lot of these "affordable" places might have a third of an acre, but many are quarter or less with an overpriced, fixer upper (because DIYers think they can build) and black mold is an issue all too often. (9 months of snowy winter doesn't help.)

When are we revolting? Not bad enough yet? Afraid of getting fired or arrested? Alright, happy eviction. Americans are too complacent.

I'm so glad we paid off our mortgage! Now we can live on just Social Security.

Single income doesn't do anything at all makes marriage even more important than ever before. When you check the data married couples are buying up the homes

You can in areas that are not over populated.

Do this same video next year. I'd bet Florida is lower by 10K.

For the first time in human history half the world population lived in big cities and that was in 2000…. The answer is to live rural…. That was what I did…..

Your quick blow off of the wide range of prices in different areas within a state weakens the usefulness of this presentation.

Great video. I wish you would consider doing one of the same sort, but maybe a 2 bed, 1 bath home for retirees or single people. Love your channel !

God no

“You will own nothing and be happy” 😊

Bidenomics has destroyed the middle class.

Van life it is 😔

Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in February 2025

Iowa is where I have been trying to move for many years now. But they always ask the same question and my answer produces the same result: "What state are you moving from?" My honest answer "Massachusetts" results in no further responses from any property I have tried to move to. Why don't they ask "Who did you vote for?" instead? The answer to that question would produce a completely different result, I believe.

Gen Z: hahaha. We are so screwed

Now do average salary in every state and compare it to

Most people don’t even come close to these incomes, so how is anyone able to afford a home?

94k Alabama
122k Alaska
140k Arizona
85k Arkansas
210k California
166k Colorado
146k Connecticut
141k Delaware
127k Florida
113k Georgia
235k Hawaii
165k Idaho
86k Illinois
82k Indiana
82k Iowa
83k Kansas
88k Kentucky
81k Louisiana
129k Maine
118k Maryland
215k Massachusetts
79k Michigan
110k Minnesota
85k Mississippi
85k Missouri
178k Montana
100k Nebraska
142k Nevada
165k New Hampshire
160k New Jersey
114k New Mexico
189k New York
117k North Carolina
103k North Dakota
74k Ohio
85k Oklahoma
162k Oregon
87k Pennsylvania
147k Rhode Island
103k South Carolina
109k South Dakota
125k Tennessee
106k Texas
174k Utah
146k Vermont
121k Virginia
176k Washington
73k West Virginia
108k Wisconsin
135k Wyoming

Household income for 3 bed/ 2ba house:
Jan 2025, 30 yr fixed mortgage w/ 6.91% interest + prop. tax/insurance
10% down payment
Mortgage payment <30% of income.

You can adjust, plan for or compromise on a good deal of this to lower income requirements. Remember, this is to be *comfortable*, not affordable. A higher down payment, good credit, paying off other debts, sharing a home/getting married, avoiding the largest population centers, budgeting your remaining income and downsizing can all mitigate the struggle significantly.

The American Dream has become the American Nightmare. I shutter to think what future generations are going to have to deal with… 🤔🤷‍♂️

We make 45% more than the number for our state. And our mortgage is 42% of our income. And we bought two years ago, now the price is outside our range.

make it illegal for one family to own more than 2 homes and for any corporation or enterprise to own more than 2 homes and watch the market CRASH….

homes are supposed to be homes,
not hotels.