Six figure salary or stay renting: Americans now need $114,000 a year to buy the median home, up 70% in just six years

“A homebuyer must earn $114,627 to afford the median-priced U.S. home, up 15% from a year ago and more than 50% since the start of the pandemic… That’s the highest annual income necessary to afford a home on record” https://investors.redfin.com/news-events/press-releases/detail/987/redfin-reports-that-homebuyers-must-earn-115000-to-afford …

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