$524,000 ANNUAL SALARY NEEDED TO BUY MEDIAN-PRICED HOME IN THIS BAY AREA COUNTY
- NEWS Desk Global
- 3 days ago
- 1 min read
It is no secret living in the Bay Area comes with a high price tag. The California Association of Realtors solidifies what is already known about the region's pricey real estate.
The association announces anyone wanting to buy a median-priced home in San Mateo County will need to earn more than half a million dollars a year -- $524,000 to be exact. Yep, just over half a mil to purchase on the Peninsula. The minimum qualifying amount for a median-priced home in Santa Clara County goes down a notch to the tune of $482,400 annually.
