16. Denver-Aurora-Lakewood, CO
- Cost-burdened middle-class households: 36.8%
- Median home value: $375,000
- Median household income: $76,643
- Homeownership rate: 64.1%
Denver is one of the fastest growing metro areas in the country. In the last five years, the number of people living in the area climbed from 2.6 million to 2.9 million, a 9.2% growth. The rapid population growth has given way to an increasingly unaffordable real estate market. As of 2018, the median home in the metro area was worth 5.6 times more than the median income. As recently as 2013, the typical Denver home was worth 4.4 times the median income.
Of all middle-class households in the metro area, 31.9% spend between 30% and 50% of their income on housing, and 4.9% spend over half of their income on housing.
2 thoughts on “18 U.S. Cities Where the Middle Class Can No Longer Afford Housing”
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!!!
looks to me like most if not all are where the dims are in control.