Report: Average salary needed to buy home in San Jose is over
SAN FRANCISCO (KRON) – A new report shows that San Jose and San Francisco have the most expensive homes in the country.
According to the report, the average salary needed to buy a home in San Jose is more than $235,000 a year.
The average home price is more than $1.2 million.
Things are a little bit better in San Francisco.
The average salary needed to by a house there is just over $170,000 a year.
And the average home price is just over $900,000.
In fact, the most expensive cities to buy a house are all in California.