Housing Affordability Lowest Among “Essential Workers”

Share of Listings That Are Affordable By Starting Salary: Knoxville, TN

Data as of August 2023. Assumes a 5% downpayment on a 30-year fixed-rate loan (7%) with zero points, 0.5% property taxes, 0.4% property insurance, 0.558% private mortgage insurance, and a maximum 30% debt-to-income ratio.
Chart: Hancen SaleSource: East Tennessee Realtors; JobsEQ; Job Postings Created with Datawrapper