According to the latest statistics from HSH.com, for a 20-year mortgage, a US citizen earns a minimum income of $ 31,962 /year (about VND 707 million) Monthly payment of $ 746 (about VND 17 million).
More specifically, in the list of 27 most populous cities in the United States, San Francisco is the area that requires the highest annual income ($ 152,173) to own a home, whereas Pittsburgh is the claimant city. Ask the lowest annual income ($ 31,962).
According to HSH.com statistics, the average price of a house in the US in 2016 is $ 240,900.
Below, Vietnam Real Estate detailed some of the criteria such as annual income, average home prices and monthly payments of 27 US cities for readers to have a clearer view on the issue:
San Francisco: Annual income $152,173, Average house price $ 835,400, Monthly Payment $3.551San Diego: Annual Income $108,654, Average Price $589,300, Monthly Payment $ 2.535LosAngeles: Annual income $100,147, Average house price $ 536,700, Monthly payment $ 2,337Boston: Annual income $86.054, Average house price $ 435,300, Monthly payment $2,008NewYork City: Annual Income $ 85,488, Average House Price $397,600, Monthly Payment $ 1,995Seattle: Annual income $81,774, Average house price $ 422,100, Monthly payment $1,908Washington: Annual income $78,460, Average house price $393,500, Monthly payment $ 1.831Denver: Annual income $ 70,741, Average house price $ 386,800, Monthly payment $1,651Portland: Annual Income $69,786, Average Home Price $358,500, Monthly Rate $1,628Miami: Annual Income $64,879, Average Price $315,000, Monthly Payment $1.514Sacramento: Annual income $64,748, Average house price $327,000, Monthly payment $1.511Chicago: Annual Income $61,291, Average Home Price $244,100, Monthly Payment $1.430Baltimore: Annual income $55,935, Average house price $264,300, Monthly payment $1,305Dallas: Annual income $53,824, Average house price $230,500, Monthly payment $1,256Philadelphia: Annual income $53,108, Average house price $234,800, Monthly payment $1,239Houston: Annual Income $51,560, Average Home Price $217,400, Monthly Payment $1,203Minneapolis: Annual income $50,630, Average house price $240,300, Monthly payment $1,181Orlando: Annual income $49,811, Average house price $229,900, Monthly payment $1,162SanAntonio: Annual income $48,341, Average house price $212,300, Monthly payment $1,128Tampa: Annual income $44,897, Average house price $205,000, Monthly payment $1,048Phoenix: Annual income $44,129, Average house price $235,300, Monthly payment $1,030Atlanta: Annual income $39,385, Average house price $191,500, Monthly payment $919Detroit: Annual income $39,033, Average house price $ 170,817, Monthly payment $911StLouis: Annual income $37,527, Average house price $170,000, Monthly payment $876Cincinnati: Annual income $36,117, Average house price $157,000, Monthly payment $843Cleveland: Annual income $34,185, Average house price $138,900, Monthly payment $798Pittsburgh: Annual Income $31,962, Average Home Price $140,000, Monthlypayment $746
You are reading the article “Buying A Mortgage In The United States, How Much Does It Cost?” in the Real Estate category at www.realestatevietnam.com.vn. Any information sharing, feedback please email to info@realestatevietnam.com.vn, Hotline 0909890897 (24/7). Special thanks for visiting our website!
Comments (0)