Can You Really Afford The Average Arizona Home On A 50K Salary?



The housing market has seen rates increase this year leaving us to wonder how this impacts the median income for a potential home buyer in Arizona.

Phoenix continues to drop on the list of most affordable places to live, now ranking as the 19th least expensive metro area in the United States.

Despite that, experts say you only need to make about $50,000 to buy an average-priced home in the Valley. Holly Henbest, a real estate agent, says the average price of a home in Arizona this month is $244,000.


Read more…

Editorial Team

Our Editorial Team curates "news you can use" from hundreds of local newspapers, magazines, blogs and online sources, press releases, radio and TV news shows from around the world. We take great pride in being providing Daily Business Intelligence that's all business and no politics.