Minimum Household Income Needed in Each State To Afford the Typical Starter Home

Starter home defined as 25th percentile price threshold in 2024. The estimated payment assumes a 7% mortgage rate and 10% down (tax and insurance are excluded). Affordability defined as mortgage payments that do not exceed 30% of income.
Chart: Realtor.comSource: Realtor.comGet the dataCreated with Datawrapper