HSH.com has provided an interactive map for you to learn how much someone needs to earn in a year to be able to afford the principal, interest, taxes, and insurance payments for median-priced homes in various metro areas. At the top of the list are San Diego and San Francisco, where a six-figure salary is required to be able to purchase a median-priced home. Cities in the South and in the Rust Belt are much more affordable, requiring less than $40,000 a year to be able to afford a home.
How much do you need to make in a year to buy a home in these 27 metros?
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