Categories: Lifestyle

50% of Americans Can’t Afford a House in These 17 Cities

11. Dallas

Median listing price: $385,000
Percentage of households that can’t afford a home: 60.2 percent

Although the median listing price in Dallas is lower than in Denver and Washington, D.C., a slightly higher percentage of households can’t afford a home in this large Texas city. That’s because the median household income is noticeably lower — $47,243.

To afford the $1,651 monthly mortgage for a home with a median list price of $385,000, you would need an annual income of $66,040.

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A.S.

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