Home affordability by state
Historical ACS 2020–2024 owner-occupied home values and household incomes, applied to a common 6.5% illustrative interest assumption, 20% down and a 30-year loan. Tax uses the state ratio-of-medians benchmark; insurance is a $1,800 annual allowance. These are hypothetical comparisons, not current market observations or lender quotes.
Historical survey period through December 2024, retrieved 2026-10-15. The interest assumption is not observed in that month. Read the affordability methodology or the site-wide rates methodology and rates archive for sources and assumptions.
Affordability heat map
Each square is a state. Darker squares mean a larger hypothetical payment relative to historical median household income, not an actual household's housing costs. Click a tile to see or edit a state scenario.
Sortable affordability table
Sort by any column. The payment-to-income ratio is a hypothetical budget comparison. It is not an observed housing-cost burden or a determination that a household qualifies. All rows share definitions, periods and loan/insurance assumptions; state tax benchmarks differ.
| Hawaii | $839,100 | $100,389 | 6.50% | $4,580 | 54.7% |
| California | $734,700 | $99,122 | 6.50% | $4,292 | 52.0% |
| District of Columbia | $737,100 | $109,870 | 6.50% | $4,237 | 46.3% |
| Oregon | $477,600 | $83,011 | 6.50% | $2,888 | 41.7% |
| Washington | $564,600 | $98,141 | 6.50% | $3,385 | 41.4% |
| Massachusetts | $562,100 | $103,960 | 6.50% | $3,492 | 40.3% |
| New York | $423,800 | $85,974 | 6.50% | $2,841 | 39.7% |
| Colorado | $539,400 | $95,470 | 6.50% | $3,094 | 38.9% |
| Nevada | $435,400 | $78,260 | 6.50% | $2,521 | 38.7% |
| Montana | $375,800 | $72,509 | 6.50% | $2,275 | 37.7% |
| New Jersey | $454,400 | $103,556 | 6.50% | $3,247 | 37.6% |
| Idaho | $418,600 | $77,800 | 6.50% | $2,437 | 37.6% |
| Utah | $489,400 | $95,166 | 6.50% | $2,835 | 35.7% |
| Rhode Island | $404,200 | $87,796 | 6.50% | $2,602 | 35.6% |
| Florida | $359,000 | $74,568 | 6.50% | $2,193 | 35.3% |
| Arizona | $394,500 | $79,964 | 6.50% | $2,301 | 34.5% |
| New Hampshire | $402,500 | $99,031 | 6.50% | $2,741 | 33.2% |
| Vermont | $316,600 | $81,203 | 6.50% | $2,171 | 32.1% |
| Connecticut | $366,900 | $95,781 | 6.50% | $2,559 | 32.1% |
| Maine | $296,600 | $74,733 | 6.50% | $1,903 | 30.6% |
| Maryland | $419,900 | $103,678 | 6.50% | $2,614 | 30.3% |
| Virginia | $383,700 | $93,170 | 6.50% | $2,323 | 29.9% |
| Tennessee | $286,700 | $69,595 | 6.50% | $1,720 | 29.7% |
| Texas | $283,800 | $78,476 | 6.50% | $1,938 | 29.6% |
| Wyoming | $309,700 | $76,176 | 6.50% | $1,863 | 29.3% |
| Delaware | $352,000 | $84,954 | 6.50% | $2,077 | 29.3% |
| North Carolina | $288,900 | $72,388 | 6.50% | $1,769 | 29.3% |
| Alaska | $352,900 | $92,788 | 6.50% | $2,260 | 29.2% |
| Georgia | $303,300 | $77,353 | 6.50% | $1,879 | 29.1% |
| New Mexico | $248,100 | $64,059 | 6.50% | $1,549 | 29.0% |
| Minnesota | $329,300 | $89,062 | 6.50% | $2,095 | 28.2% |
| Wisconsin | $266,500 | $77,485 | 6.50% | $1,814 | 28.1% |
| Illinois | $263,300 | $83,390 | 6.50% | $1,923 | 27.7% |
| South Carolina | $259,000 | $69,324 | 6.50% | $1,564 | 27.1% |
| South Dakota | $257,400 | $75,081 | 6.50% | $1,679 | 26.8% |
| Louisiana | $216,500 | $60,756 | 6.50% | $1,343 | 26.5% |
| Pennsylvania | $254,500 | $77,971 | 6.50% | $1,713 | 26.4% |
| Nebraska | $238,600 | $76,475 | 6.50% | $1,652 | 25.9% |
| Michigan | $231,600 | $72,875 | 6.50% | $1,563 | 25.7% |
| North Dakota | $249,900 | $76,657 | 6.50% | $1,619 | 25.3% |
| Missouri | $230,300 | $70,702 | 6.50% | $1,477 | 25.1% |
| Kentucky | $205,600 | $63,726 | 6.50% | $1,318 | 24.8% |
| Ohio | $214,800 | $71,389 | 6.50% | $1,471 | 24.7% |
| Alabama | $209,900 | $63,999 | 6.50% | $1,277 | 23.9% |
| Kansas | $217,200 | $74,275 | 6.50% | $1,481 | 23.9% |
| Oklahoma | $199,800 | $65,039 | 6.50% | $1,294 | 23.9% |
| Mississippi | $169,800 | $56,447 | 6.50% | $1,110 | 23.6% |
| Arkansas | $188,000 | $60,773 | 6.50% | $1,187 | 23.4% |
| Indiana | $218,200 | $71,957 | 6.50% | $1,388 | 23.1% |
| Iowa | $208,000 | $75,059 | 6.50% | $1,443 | 23.1% |
| West Virginia | $162,600 | $59,608 | 6.50% | $1,044 | 21.0% |
Sources, dates and planning methodology
Historical ACS survey estimates cover 2020–2024, through 2024-12-31. Retrieved 2026-10-15, not a current market observation date. Method: financial-planning-1. These estimates describe owner-occupied homes, not homes sold or a lender appraisal.
Tax benchmark = 100 × median annual real estate taxes paid (B25103 total) ÷ median owner-occupied home value (B25077), for the same state, universe and ACS five-year release. A ratio of medians is not the median effective tax rate, millage or a prediction of post-sale taxes. Ask the assessor about reassessment, exemptions and special assessments.
Closing fees are an itemized illustrative scenario, not statewide observed averages or verified state fee schedules. State scenarios use historical home value as an editable price anchor. The national default is an illustrative $350,000 price and 1% tax budget, not a sourced national statistic. Default rate 6.5% is an assumption, not a quote or current national average. Loan/service allowances: $1200 origination and $2500 other services; government allowance $2000. Replace these with property-specific, dated fees. No verified state fee schedule is applied.
Fee planning range uses 75% to 150% of the selected buyer-paid fee budget. It is a sensitivity range, not a statistical confidence interval and may not bound actual costs. Prepaids assume 15 days of interest and one annual insurance premium; initial escrow assumes 3 months of taxes and insurance. The prepaid premium and escrow reserve are separate periods, not two premiums. Actual lender requirements and closing dates differ.
Credits cannot reduce the down payment in this model. Deposits reduce cash due once. Financing fees, mortgage insurance, inspections, survey, HOA, attorney and special assessments remain unknown unless included in your edited allowances. Unknown does not mean $0 or waived. Confirm actual buyer responsibility, credit restrictions and final cash to close on the Loan Estimate and Closing Disclosure.
Affordability is a hypothetical payment-to-income comparison, not a measurement of actual household housing-cost burdens. Household income (B19013) covers all households in 2024 inflation-adjusted dollars; owner values/taxes cover owner-occupied homes. No local lender quote, eligibility or sale-price median is inferred. Historical affordability records and rate archives are separate and are not recalculated with this dataset.
Educational planning calculations use historical ACS owner-occupied home values and household income, with an illustrative rate assumption. These are not current sale prices, actual household cost burdens or local tax quotes. Nothing on this page is an offer, a quote, an advertisement of a specific rate, or a representation of rates available to any individual borrower. Mortgage Today is owned and operated by Mektra LLC. We do not originate, broker, or fund loans. When you submit a request, we forward your information to a licensed loan officer in our network who can discuss programs available in your state. This is not a loan approval, commitment to lend, or offer of credit. All loan applications are subject to credit approval.
Mortgage Today is owned and operated by Mektra LLC.
Mortgage Today is an educational brand and does not originate, broker, or fund loans of any kind. If you submit a mortgage inquiry, agree to loan officer contact, and our network can serve your state, we forward your information to a licensed loan officer in our network. An introduction to another lender requires a separate request.