Median listing price: $559,950
Percentage of households that can’t afford a home: 59.8 percent
Washington, D.C., is one of a few places where renting is more affordable than owning a home. It would take an annual income of $95,280 to pay the monthly mortgage of $2,382 on a home with a median list price of $559,950. Although relatively high, the city’s median household income of $75,506 isn’t high enough to make home ownership affordable for about 60 percent of households in the nation’s capital.
As Benjamin Franklin so famously put it, “nothing is certain but death and taxes.” Don’t…
What is one thing you can be count on as an American citizen? Taxes, that’s…
Has COVID-19 ruined your holiday travel plans? You’re not the only one. Unsurprisingly, 2020 does…
During typical years, we spend more time indoors during winter. 2020 has been anything but…
Nowadays, DIY-ing has become so accessible that everybody’s got some skills. Whether you’re into it…
What does it actually take to keep your home and all your possessions clean? Oh,…