New Redfin report reveals how much money Americans need to earn in order to afford a home in the US

Source NBC Local
Original Load Date Aug. 6, 2026, 3:01 p.m.
Last Updated Aug. 6, 2026, 3:01 p.m.
Original URL https://www.nbcchicago.com/news/redfin-reveals-how-much-americans-need-to-earn-in-order-to-afford-a-typical-us-home/3971442/

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The income needed to buy a home in the US now $22,000 above what typical American households earn, a new report from real estate website Redfin revealed. One year ago, that number was even higher, the report said, at $26,000. Two years ago, the gap was $29,000. Stream NBC 5 for free, 24/7, whereve...