The Minimum Salary You Need To Buy a Home in All 50 States

48. Massachusetts

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $615,963
  • 20% down payment: $123,192.52
  • Loan amount: $492,770.08
  • Monthly mortgage: $3,219.06
  • Annual mortgage: $38,628.72
  • Minimum salary needed to comfortably afford a home: $128,762.39

47. Washington

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $589,240
  • 20% down payment: $117,847.99
  • Loan amount: $471,391.97
  • Monthly mortgage: $3,079.41
  • Annual mortgage: $36,952.87
  • Minimum salary needed to comfortably afford a home: $123,176.22

45. Utah

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $519,376
  • 20% down payment: $103,875.13
  • Loan amount: $415,500.51
  • Monthly mortgage: $2,714.29
  • Annual mortgage: $32,571.48
  • Minimum salary needed to comfortably afford a home: $108,571.61

44. New Jersey

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $518,053
  • 20% down payment: $103,610.60
  • Loan amount: $414,442.38
  • Monthly mortgage: $2,707.38
  • Annual mortgage: $32,488.53
  • Minimum salary needed to comfortably afford a home: $108,295.12

43. Oregon

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $494,672
  • 20% down payment: $98,934.35
  • Loan amount: $395,737.41
  • Monthly mortgage: $2,585.19
  • Annual mortgage: $31,022.23
  • Minimum salary needed to comfortably afford a home: $103,407.45

41. Montana

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $449,576
  • 20% down payment: $89,915.15
  • Loan amount: $359,660.62
  • Monthly mortgage: $2,349.51
  • Annual mortgage: $28,194.14
  • Minimum salary needed to comfortably afford a home: $93,980.47

40. Rhode Island

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $448,030
  • 20% down payment: $89,605.95
  • Loan amount: $358,423.82
  • Monthly mortgage: $2,341.43
  • Annual mortgage: $28,097.19
  • Minimum salary needed to comfortably afford a home: $93,657.29

39. Idaho

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $443,343
  • 20% down payment: $88,668.56
  • Loan amount: $354,674.23
  • Monthly mortgage: $2,316.94
  • Annual mortgage: $27,803.25
  • Minimum salary needed to comfortably afford a home: $92,677.51

37. Arizona

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $436,020
  • 20% down payment: $87,204.04
  • Loan amount: $348,816.14
  • Monthly mortgage: $2,278.67
  • Annual mortgage: $27,344.03
  • Minimum salary needed to comfortably afford a home: $91,146.77

36. New York

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $427,542
  • 20% down payment: $85,508.46
  • Loan amount: $342,033.83
  • Monthly mortgage: $2,234.36
  • Annual mortgage: $26,812.36
  • Minimum salary needed to comfortably afford a home: $89,374.53

35. Maryland

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $417,676
  • 20% down payment: $83,535.27
  • Loan amount: $334,141.09
  • Monthly mortgage: $2,182.80
  • Annual mortgage: $26,193.64
  • Minimum salary needed to comfortably afford a home: $87,312.13

33. Connecticut

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $408,726
  • 20% down payment: $81,745.12
  • Loan amount: $326,980.48
  • Monthly mortgage: $2,136.03
  • Annual mortgage: $25,632.31
  • Minimum salary needed to comfortably afford a home: $85,441.04

32. Virginia

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $382,770
  • 20% down payment: $76,553.94
  • Loan amount: $306,215.77
  • Monthly mortgage: $2,000.38
  • Annual mortgage: $24,004.55
  • Minimum salary needed to comfortably afford a home: $80,015.16

31. Maine

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $378,605
  • 20% down payment: $75,721.10
  • Loan amount: $302,884.39
  • Monthly mortgage: $1,978.62
  • Annual mortgage: $23,743.40
  • Minimum salary needed to comfortably afford a home: $79,144.66

29. Delaware

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $371,809
  • 20% down payment: $74,361.77
  • Loan amount: $297,447.07
  • Monthly mortgage: $1,943.10
  • Annual mortgage: $23,317.16
  • Minimum salary needed to comfortably afford a home: $77,723.87

28. Alaska

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $362,178
  • 20% down payment: $72,435.50
  • Loan amount: $289,742.01
  • Monthly mortgage: $1,892.76
  • Annual mortgage: $22,713.15
  • Minimum salary needed to comfortably afford a home: $75,710.51

27. Wyoming

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $333,617
  • 20% down payment: $66,723.43
  • Loan amount: $266,893.71
  • Monthly mortgage: $1,743.50
  • Annual mortgage: $20,922.05
  • Minimum salary needed to comfortably afford a home: $69,740.18

25. North Carolina

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $323,913
  • 20% down payment: $64,782.67
  • Loan amount: $259,130.69
  • Monthly mortgage: $1,692.79
  • Annual mortgage: $20,313.50
  • Minimum salary needed to comfortably afford a home: $67,711.68

24. Georgia

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $323,033
  • 20% down payment: $64,606.64
  • Loan amount: $258,426.54
  • Monthly mortgage: $1,688.19
  • Annual mortgage: $20,258.30
  • Minimum salary needed to comfortably afford a home: $67,527.68

23. Tennessee

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $310,011
  • 20% down payment: $62,002.24
  • Loan amount: $248,008.95
  • Monthly mortgage: $1,620.14
  • Annual mortgage: $19,441.66
  • Minimum salary needed to comfortably afford a home: $64,805.53

21. New Mexico

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $293,497
  • 20% down payment: $58,699.33
  • Loan amount: $234,797.31
  • Monthly mortgage: $1,533.83
  • Annual mortgage: $18,405.99
  • Minimum salary needed to comfortably afford a home: $61,353.28

20. South Dakota

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $310,011
  • 20% down payment: $62,002.24
  • Loan amount: $248,008.95
  • Monthly mortgage: $1,620.14
  • Annual mortgage: $19,441.66
  • Minimum salary needed to comfortably afford a home: $64,805.53

19. South Carolina

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $288,972
  • 20% down payment: $57,794.31
  • Loan amount: $231,177.22
  • Monthly mortgage: $1,510.18
  • Annual mortgage: $18,122.20
  • Minimum salary needed to comfortably afford a home: $60,407.34

17. Pennsylvania

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $256,401
  • 20% down payment: $51,280.28
  • Loan amount: $205,121.11
  • Monthly mortgage: $1,339.97
  • Annual mortgage: $16,079.64
  • Minimum salary needed to comfortably afford a home: $53,598.80

16. Illinois

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $254,709
  • 20% down payment: $50,941.71
  • Loan amount: $203,766.85
  • Monthly mortgage: $1,331.12
  • Annual mortgage: $15,973.48
  • Minimum salary needed to comfortably afford a home: $53,244.93

15. North Dakota

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $252,382
  • 20% down payment: $50,476.30
  • Loan amount: $201,905.21
  • Monthly mortgage: $1,318.96
  • Annual mortgage: $15,827.54
  • Minimum salary needed to comfortably afford a home: $52,758.47

13. Missouri

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $238,808
  • 20% down payment: $47,761.55
  • Loan amount: $191,046.19
  • Monthly mortgage: $1,248.02
  • Annual mortgage: $14,976.29
  • Minimum salary needed to comfortably afford a home: $49,920.98

12. Indiana

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $231,278
  • 20% down payment: $46,255.59
  • Loan amount: $185,022.36
  • Monthly mortgage: $1,208.67
  • Annual mortgage: $14,504.08
  • Minimum salary needed to comfortably afford a home: $48,346.93

11. Michigan

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $230,125
  • 20% down payment: $46,025.03
  • Loan amount: $184,100.13
  • Monthly mortgage: $1,202.65
  • Annual mortgage: $14,431.79
  • Minimum salary needed to comfortably afford a home: $48,105.95

9. Alabama

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $218,004
  • 20% down payment: $43,600.75
  • Loan amount: $174,402.99
  • Monthly mortgage: $1,139.30
  • Annual mortgage: $13,671.62
  • Minimum salary needed to comfortably afford a home: $45,572.06

8. Kansas

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $217,817
  • 20% down payment: $43,563.35
  • Loan amount: $174,253.38
  • Monthly mortgage: $1,138.32
  • Annual mortgage: $13,659.89
  • Minimum salary needed to comfortably afford a home: $45,532.96

7. Iowa

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $212,367
  • 20% down payment: $42,473.40
  • Loan amount: $169,893.59
  • Monthly mortgage: $1,109.84
  • Annual mortgage: $13,318.12
  • Minimum salary needed to comfortably afford a home: $44,393.74

5. Arkansas

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $198,364
  • 20% down payment: $39,672.80
  • Loan amount: $158,691.21
  • Monthly mortgage: $1,036.66
  • Annual mortgage: $12,439.96
  • Minimum salary needed to comfortably afford a home: $41,466.52

4. Kentucky

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $196,412
  • 20% down payment: $39,282.42
  • Loan amount: $157,129.67
  • Monthly mortgage: $1,026.46
  • Annual mortgage: $12,317.55
  • Minimum salary needed to comfortably afford a home: $41,058.48

3. Louisiana

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $195,240
  • 20% down payment: $39,047.98
  • Loan amount: $156,191.93
  • Monthly mortgage: $1,020.34
  • Annual mortgage: $12,244.03
  • Minimum salary needed to comfortably afford a home: $40,813.45

2. Mississippi

48. Massachusetts, 47. Washington, 45. Utah, 44. New Jersey, 43. Oregon, 41. Montana, 40. Rhode Island, 39. Idaho, 37. Arizona, 36. New York, 35. Maryland, 33. Connecticut, 32. Virginia, 31. Maine, 29. Delaware, 28. Alaska, 27. Wyoming, 25. North Carolina, 24. Georgia, 23. Tennessee, 21. New Mexico, 20. South Dakota, 19. South Carolina, 17. Pennsylvania, 16. Illinois, 15. North Dakota, 13. Missouri, 12. Indiana, 11. Michigan, 9. Alabama, 8. Kansas, 5. Arkansas, 4. Kentucky, 3. Louisiana, 2. Mississippi
  • 2024 average home value: $170,653
  • 20% down payment: $34,130.66
  • Loan amount: $136,522.65
  • Monthly mortgage: $891.85
  • Annual mortgage: $10,702.14
  • Minimum salary needed to comfortably afford a home: $35,673.80

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