Income to Afford a $1,500,000 House
What is the income needed to buy a $1,500,000 house?Down Payment 2.50% 2.75% 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% $0 $254,006 $262,441 $271,031 $279,775 $288,672 $297,717 $306,910 $316,247 $325,726 $75,000 $241,306 $249,319 $257,480 $265,787 $274,238 $282,831 $291,564 $300,435 $309,440 $150,000 $228,606 $236,197 $243,928 $251,798 $259,804 $267,945 $276,219 $284,622 $293,154 $225,000 $215,905 $223,075 $230,376 $237,809 $245,371 $253,060 $260,873 $268,810 $276,867 $300,000 $203,205 $209,953 $216,825 $223,820 $230,937 $238,174 $245,528 $252,998 $260,581 $375,000 $190,505 $196,831 $203,273 $209,832 $216,504 $223,288 $230,182 $237,185 $244,295 $450,000 $177,804 $183,709 $189,722 $195,843 $202,070 $208,402 $214,837 $221,373 $228,008 $525,000 $165,104 $170,586 $176,170 $181,854 $187,637 $193,516 $199,491 $205,561 $211,722 $600,000 $152,404 $157,464 $162,619 $167,865 $173,203 $178,630 $184,146 $189,748 $195,436 $675,000 $139,703 $144,342 $149,067 $153,877 $158,769 $163,744 $168,800 $173,936 $179,149 $750,000 $127,003 $131,220 $135,516 $139,888 $144,336 $148,859 $153,455 $158,124 $162,863
Average Home Price by State Source: Zillow.com, February 2022State Price Hawaii $887,662 California $872,894 Washington $663,136 Massachusetts $608,499 Colorado $599,500 Utah $580,251 Oregon $527,374 Idaho $500,708 New Jersey $478,426 Nevada $465,945 Montana $461,868 Rhode Island $461,200 Arizona $453,645 New York $448,151 New Hampshire $434,551 Maryland $416,409 Virginia $406,488 Florida $396,641 Connecticut $383,392 Maine $372,263 Delaware $359,450 Vermont $358,071 Wyoming $340,039 Minnesota $336,830 Alaska $326,656 Texas $323,290 North Carolina $321,603 Georgia $316,790 New Mexico $302,730 Tennessee $302,480 South Carolina $298,971 South Dakota $295,855 Pennsylvania $278,702 North Dakota $276,009 Illinois $269,935 Wisconsin $268,418 Michigan $245,105 Nebraska $242,576 Missouri $234,970 Indiana $226,180 Louisiana $220,642 Kansas $219,302 Ohio $218,554 Alabama $211,743 Kentucky $203,256 Iowa $198,353 Arkansas $185,323 Oklahoma $182,731 Mississippi $176,906 West Virginia $144,935
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Beatrice Clogston
Update: 2023-02-08