Facing the economic decision of relocating? Nice. But remember home prices, job salaries, and even neighbors will change drastically across the USA. In this week’s cross country comparison, we bring you a few of your life in three of the nation’s least affordable cities.
Barnstable Town, MA |
White Plains, NY |
Anaheim, CA |
Rank: 202 of 223 | Rank: 223 of 223 | Rank: 221 of 223 |
Median home price: $287,000 | Median home price: $424,000 | Median home price: $410,000 |
Median income: $53,000 | Median income: $67,000 | Median income: $84,200 |
The deal: If you earn the median income, you can afford just 60 percent of the area’s homes. Earn any less and way more than half the homes there will be out of reach for you. | The deal: If you earn $67,000 you can afford only 25 percent of the homes there. Double your income to $134,000 and you can still only afford half the area’s homes. | The deal: Those making $84,000 a year can consider just 40 percent of the area’s homes. You have to earn close to $250,000 before you’ll have a decent selection to choose from. |
The salaries (mean):
CEO: $180,000 Financial managers: $120,620 Accountants: $66,840 Electrical engineers: $99,990 Mental health prof: $45,740 Middle school teachers: $60,310 Graphic designers: $40,250 Pharmacists: $113,430 Dental assistants: $44,570 Police officers: $53,690 Legal secretaries: $35,690 Bus drivers: $34,910
|
The salaries (mean):
Advertising managers: $147,950 Benefits managers: $122,510 Property managers: $97,970 Computer programmers: $81,730 Wildlife biologists: $67,300 Social workers: $57,910 Preschool teachers: $44,190 Special ed teachers: $76,420 Broadcast technicians: $46,670 Pediatricians: $150,030 Registered nurse: $82,000 Account collectors: $40,840
|
The salaries (mean):
Marketing managers: $132,760 Cost estimators: $68,720 Personal financial advisors: $85,540 Civil engineers: $97,630 Child social workers: $42,620 Law clerks: $42,570 Elementary teachers: $69,230 High school teachers: $72,930 Teaching assistants: $33,620 Registered nurses: $77,450 Medical assistants: $31,510 Firefighters: $69,510
|
Want to see your city? We’ll happily publish it. Write to brett@thehomeeconomist.com
Leave A Comment