In this report, Unison Company estimates the median household income in urban and residential areas using the data of American community survey conducted by the US Census Bureau in 20 15 years. When calculating the housing affordability, the report assumes that the buyers need to pay down payment 10%-20%, mortgage the loan at a fixed interest rate of 4% per month for 30 years, and the maximum ratio of debt to income is 45%.
The following data provided by Unison to American consumer news and business channels shows the income level that can be achieved by buying a typical house in some major cities in the United States:
San Francisco
Median house price: 12969 16 USD (about 8.93 million RMB).
Annual income of buyers with down payment 10%: 2 15089 USD (about14800 RMB).
Annual income of buyers who make a down payment of 20%: 179643 USD (about1240,000 RMB).
New York
Median house price: 637,703 USD (about 4.39 million RMB).
Annual income of buyers with down payment 10%: 10576 1 USD (about 730,000 RMB).
Annual income of buyers who make a down payment of 20%: 88,332 USD (about 6 1 1,000 RMB).
Boston
Median house price: 584,622 USD (about 4.03 million RMB).
Annual income of buyers with down payment of 65,438+00%: 96,957 USD (about 670,000 RMB).
Annual income of buyers who pay 20% down payment: 80,979 USD (about 560,000 RMB).
Los Angeles
Median house price: US$ 555,073 (about RMB 3.82 million)
Annual income of buyers with down payment of 65,438+00%: 92,057 USD (about 630,000 RMB).
Annual income of buyers with a down payment of 20%: 76,886 USD (about 530,000 RMB).
Seattle
Median house price: US$ 528,387 (about RMB 3.64 million)
Annual income of the buyer with down payment of 65,438+00%: 876,365,438+0 USD (about 600,000 RMB).
Annual income of buyers who pay 20% down payment: 73 189 USD (about 500,000 RMB).
Miami
Median house price: 278,405 USD (about 654.38+0.92 million RMB).
Annual income of buyers with down payment of 65,438+00%: 4,665,438+072 USD (about 320,000 RMB).
Annual income of buyers with a down payment of 20%: 38,563 USD (about 270,000 RMB).
Salt Lake City
Median house price: 255,870.50 USD (about 6,543.8+0.76 million RMB).
Annual income of buyers with down payment of 65,438+00%: 42,435 USD (about 290,000 RMB).
Annual income of buyers with a down payment of 20%: 35,442 USD (about 240,000 RMB).
Atlanta
Median house price: 250,855 USD (about 654.38+7300 RMB).
(The above answers were published on 20 17-05- 19. Please refer to the current actual purchase policy. )
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