Owning the average home in 2024 now requires an income of $106,000, according to Zillow.

Just 4 years ago, you needed just $59,000 in income to afford the average home.

That's a $47,000, or 80%, increase in income from 2020 while wages are up just 23% over that time.

Currently, the median HOUSEHOLD income in the US is ~$75,000.

In other words, the median household income used to be 27% ABOVE the income needed to afford a home

Now, the median household income is 41% BELOW the income needed to afford a home.

(TKL)

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