Another cool graphic, from our friends at Visual Capitalist, that sources the salary needed for various locations across the country.
Not surprisingly, silicon valley a.k.a. San Jose California is one of the most expensive areas and demands the highest salary.
Noting the itemized top 10 cities in average home price below, what is surprising is New York is outside of the top five. As an observation there are always pockets within certain areas that have extreme prices.
Have a Great “Salary Needed to Buy a Home” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth