How many years will have to pay a loan for housing in each state. MAP
Фото: Depositphotos
Owning your own home is the dream of many Americans, for which they take out loans, which they then pay off over many years. Depending on the state, the loan amount will vary due to differences in property values, in addition, differences in income from region to region mean that each state will have a different length of loan repayment period.
Edition 6sqft figured out how many years will have to pay a loan for housing in each state.
The most affordable housing in the country is in Texas, specifically in Crockett and Upton counties. The median household income in these regions is $52 and $000, respectively, and the median home value is $56 and $000. That is, you can cover the cost of housing with your salary in just one or two years.
The same situation is observed in most states in the center of the country: Kansas, Oklahoma and Nebraska.
In most parts of the East Coast, the cost of buying an average-cost home will have to be paid around 5 years.
The ratio of income and cost of housing is becoming more uneven in Hawaii, in most of California, in the picturesque parts of Colorado and in some large cities in the east of the country. Here the payment of a home loan can take up to 10 years.
More 10 payment years will take home buying in many parts of coastal California, including Los Angeles and Nantucket Island, as well as in New York and San Francisco.
They were joined by San Juan, Washington, Teton County, Wyoming and Dykes County, Maryland.
Read also on ForumDaily:
5 states where housing prices are dangerously high
How in America to buy housing at auction
Cities of the world with the most expensive housing
Take off or buy: how profitable to live in each state
Subscribe to ForumDaily on Google NewsDo you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.
-
Where in the USA to buy the medicines we are used to: a list of pharmacies5330
-
Six ways to cut your medical bill in the US436
-
Joy to Work: 37 Jobs with Lowest Stress and Good Pay419
-
What folk remedies treat the common cold in the USA: what surprises our354
-
Personal experience: why immigrants have more chances of success in the USA than Americans290
-
Burger Arthritis: How Fast Food Triggers Autoimmune Diseases233
-
XNUMX stunning US lavender farms that will take you to French Provence220
-
Actions in a terrorist attack: how to survive yourself and help others6333
-
Where in the USA to buy the medicines we are used to: a list of pharmacies5330
-
How to hit the jackpot: tips from a man who won the lottery 7 times4898
-
Life after death: what happens to places of mass executions in the USA3883
-
How to start a profitable business in the USA, if you have only $ 203281
-
4 US Social Security Traps and How to Avoid Them1493
-
Street, avenue, boulevard or drive: how to understand the classification of US streets and roads1461