Americans say $74,000 a year is the ‘perfect salary.’ But that can only afford to buy you a house in two states
via fidelity.com
Short excerpt below. Read at the original source.
A $74,000 salary is above the national median and enough to comfortably cover rent in most U.S. cities, but it still falls short of affording a median-priced home in nearly every state. Monthly mortgage payments often exceed the one‑third income threshold, even for households earning nearly double that “ideal” salary. Experts say the bigger obstacle […]