This Is the Salary You Need To Afford the Average Home in Your State

Alaska: $106,279

Brush Stroke – 2023 average home value: $357,035 – Monthly mortgage payment: $2,065.86 – Annual mortgage payments: $24,790

Arizona: $96,344

Brush Stroke – 2023 average home value: $420,605 – Monthly mortgage payment: $2,304.00 – Annual mortgage payments: $27,648

Arkansas: $60,487

Brush Stroke – 2023 average home value: $176,107 – Monthly mortgage payment: $963.21 – Annual mortgage payments: $11,559

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California: $148,908

Brush Stroke – 2023 average home value: $748,161 – Monthly mortgage payment: $4,148.16 – Annual mortgage payments: $49,778

Colorado: $111,199

Brush Stroke – 2023 average home value: $552,779 – Monthly mortgage payment: $2,977.35 – Annual mortgage payments: $35,728

Connecticut: $103,999

Brush Stroke – 2023 average home value: $379,101 – Monthly mortgage payment: $2,427.31 – Annual mortgage payments: $29,128

Delaware: $89,773

Brush Stroke – 2023 average home value: $355,120 – Monthly mortgage payment: $1,927.53 – Annual mortgage payments: $23,130

Florida: $95,979

Brush Stroke – 2023 average home value: $398,861 – Monthly mortgage payment: $2,271.31 – Annual mortgage payments: $27,256

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