South Carolina and Arizona rounded out the top five states where the annual income needed to afford a typical home has increased the most since the beginning of 2020, at 67.3% and 65.3%, respectively.

Potential home buyers need to make at least $114,627 to afford a median-priced home in the U.S. AFP via Getty Images It’s unsurprising that homeowners are staying put.

The income of a typical homebuyer in the United States surged to $107,000 from $88,000 last year, as home affordability precipitously worsened, according to an annual report from the National ...

A sold sign stands outside a home in Wyndmoor, Pa., on June 22, 2022. Two recent studies suggest that prospective homeowners will have to earn more than $100,000 annually to afford a typical home ...