Homes "unaffordable" in 99% of nation for average American
Homes "unaffordable" in 99% of nation for average American
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
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It's worse than the headline says. The study set 71k as the average US income for a single person...
Which is the official household number. The actual single income average is 50-60k.
20 0 ReplyThis still seems high to me, damn. In my town average household income is 30k lol. Even surrounding "nice" towns aren't that much higher
I guess there's places where people must make so much money
3 0 ReplyOh definitely these are national numbers. Even just state by state starts to vary a lot
2 0 ReplyWest Virginia, or something?
2 0 ReplyLmao rural Illinois
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The heck? A ton of my friends are making like 40k... I guess they're still within the bell average.
2 0 ReplyOh that's the fun part. Everyone discusses mean and median. Mode is in the 35-40 range last I tracked it down. (it wasn't easy to find and I have my theories about why)
2 0 Reply