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The salary you need to afford the average home in your state (Based on a 30-year mortgage with a 10% down payment).
Top 5 Places Where You Need the Lowest Salaries to Afford the Average Home
1. West Virginia: $38,320 for a house worth $149,500
2. Ohio: $38,400 for a house worth $149,900
3. Michigan: $40,800 for a house worth $160,000
4. Arkansas: $41,040 for a house worth $161,000
5. Missouri: $42,200 for a house worth $165,900
Top 5 Places Where You Need the Highest Salaries to Afford the Average Home
1. Hawaii: $153,520 for a house worth $610,000
2. Washington, DC: $138,440 for a house worth $549,000
3. California: $120,120 for a house worth $499,900
4. Massachusetts: $101,320 for a house worth $419,900
5. Colorado: $100,200 for a house worth $415,000
Median household Income in the US in 2016 was $59,039. Almost 2/3 of the states in the US have salary less than $70,000 per annum.
Most aspiring migrants to the US seek quality education, better standard of living, good infrastructure and incomparable healthcare benefits in the 1st world country.
US Freedom Capital is a boutique investment manager offering structured US investments to global investors. The flagship FD+ Green Card product offered exclusively by US Freedom Capital gives you an income more than the median income in the US. This empowers you to fulfill your American Dream without sacrificing your quality of life in the short term.
By: environmental scientist, Alex Egoshin. Original article posted on April 3, 2018 on Vivid Maps. A link to the original article can be found here.
Source: Article posted on Sept 12, 2017 in The New York Times by Binyamin Appelbaum. A link to the original article can be found here.
Topics: EB-5, USA, real estate, Immigration, FD+