How Much Must You Earn To Buy A Home In 2022? Plus, Prices Fell In These 10 Cities
A homebuyer must earn $93,684 to afford the $2,342 monthly mortgage payment on the typical U.S. home.
That's down 14.51% from one month ago, and up 21.37% from $73,668 a year ago.
This is owing to mortgage rates more than doubling in the last year, along with consistently high property prices.