18 U.S. Cities Where the Middle Class Can No Longer Afford Housing

© Sean Pavone / Getty Images

18. Hartford-West Hartford-East Hartford, CT

  • Cost-burdened middle-class households: 34.3%
  • Median home value: $245,000
  • Median household income: $71,414
  • Homeownership rate: 66.5%

Hartford is one of several metro areas in the Northeastern United States where over a third of middle-class households are burdened by housing costs. The higher than typical share of cost-burdened middle class residents is due in part to the higher housing prices in the area. The typical Hartford home is worth $247,900, and rental costs in the area are about 8.5% more expensive than they are on average nationwide.

Higher-income households in the metro area are far less likely to spend over 30% of their income on housing than the middle class. Just 5.7% of households earning $75,000 or more per year in Hartford are burdened by the cost of housing.

PREV1 2 3 ... 19NEXT

Leave a Comment

Your email address will not be published. Required fields are marked *

2 thoughts on “18 U.S. Cities Where the Middle Class Can No Longer Afford Housing”

  1. How about Coeur d’alene Id …No houses mobile home under $150,000 unless they are junk and in an outlying city This place sucks!!!

related posts