San Jose, was a median starter home price of $970,000 and a monthly mortgage payment of $7,485, required an income of nearly $300,000. San Francisco was just behind with a median price of $950,000, a median mortgage payment of $7,136, and a required income of $285,000.
Estimates assume a 3.5% down payment on a home priced in the 5th to 35th percentile, and monthly payments of no more than 30% of income.