How much money you need to earn to afford a home in 49 U.S. cities

TL;DR

The median household income in the U.S. is approximately $88,000, a 4% increase this year.
Affording an average home, priced around $418,000, requires an annual income of $116,780.
Homeownership is unaffordable in 41 out of the 49 most populous U.S. cities.
San Francisco requires the highest income, nearly $444,000, to afford a home.
Detroit, Cleveland, and Pittsburgh are among the cities where the median income is sufficient to buy a home.
Housing affordability has slightly improved in the last six months due to rising pay, easing mortgage rates, and falling home prices.
Over 80% of Americans perceive homebuying as more difficult today than for previous generations.

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