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

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15. Stockton-Lodi, CA

  • Cost-burdened middle-class households: 38.0%
  • Median home value: $349,000
  • Median household income: $61,164
  • Homeownership rate: 57.0%

Stockton-Lodi is one of eight California metro areas to rank on this list. The typical area home is worth $349,000, well above the national median home value of roughly $200,000. The high housing costs put financial strain on the city’s middle income earners. About 32% of middle-class households spend between 30% and 50% on housing, and nearly 6% spend over half of their income on housing.

As is the case nationwide, renters are more likely to be housing cost burdened than homeowners in Stockton-Lodi. The 56.9% share of renters who spend at least 30% of their income on housing is more than double the comparable 26.6% share of homeowners.

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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!!!

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