13. Sacramento–Roseville–Arden-Arcade, CA
- Cost-burdened middle-class households: 41.2%
- Median home value: $380,000
- Median household income: $67,902
- Homeownership rate: 60.2%
Sacramento is one of only 13 metro areas nationwide where over 40% of middle-class households spend a larger than recommended share of their income on housing. Of all middle-class households, 7% spend over half of their income on housing.
In the last five years, housing has become far less affordable in the metro area. As recently as 2013, the median home value was 4.1 times greater than the median household income. As of 2018, the typical home in the metro area cost 5.3 times the annual income of the typical household .
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.