You’ll need to earn at least $333,270 a year to qualify to buy a median-priced home in San Francisco — but not all of California is that costly: An income of $35,400 is enough in Lassen County.
A California Association of Realtors housing report on the first quarter of 2018 lists median home prices, estimated monthly payments and qualifying incomes for each of the state’s 58 counties.
The median home price statewide hit $538,640, requiring a monthly payment of $2,790, including taxes and insurance, and a minimum qualifying income of $111,500, according to the report.
San Francisco County tops all lists with a median home price of $1.6 million and $333,270 minimum qualifying income, followed closely by San Mateo and Santa Clara counties, still reeling from a Silicon Valley-fueled housing boom.
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