This statistic shows the share of income needed to afford a median priced starter home in selected metros in the United States in 2018. In 2018, first-time buyers in Austin, Texas needed to spend 45 percent of their income to afford a starter home.
Share of income needed to afford a median priced starter home in selected metros in the United States in 2018
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Other statistics that may interest you Home buying process in the United States
Overview
7
- Premium Statistic Share of home inventory in the U.S. 2016-2019, by type
- Premium Statistic Median income of home buyers in the U.S. 2005-2017
- Premium Statistic Share of income needed for starter home in U.S. metros 2018
- Premium Statistic Share of first-time home buyers among all home buyers in the U.S. 2003-2023
- Premium Statistic Share of buyers who made an offer on a home sight-unseen U.S. 2018
- Premium Statistic Confidence in home buying knowledge in the U.S. 2019, by gender
- Premium Statistic Share of residential properties sold to iBuyers in the U.S. 2016-2018
Research behavior
8
- Premium Statistic Use of real estate agent during home search in the U.S. 2018
- Premium Statistic Use of mobile device to find home in the U.S. 2018, by generation
- Premium Statistic Popular features of property websites in the U.S. 2018
- Premium Statistic Use of online website for home searching in the U.S. 2018
- Premium Statistic Use of online video site use for home searching in the U.S. 2018
- Premium Statistic Share of home buyers who researched their agent in the U.S. 2018, by generation
- Premium Statistic Use of mobile device to find a real estate agent in the U.S. 2018, by generation
- Premium Statistic Ways of finding real estate agent by home buyers in the U.S. 2018, by kids presence
Real estate professionals
7
- Premium Statistic U.S. National Association of Realtors: number of members 2009-2022
- Premium Statistic Average commission rate for realtors in the U.S. 1992-2023
- Premium Statistic Share of real estate team members with licenses in the U.S. 2018
- Premium Statistic Share of real estate team members in the U.S. 2018, by function
- Premium Statistic Real estate brokerages with agent safety procedures in the U.S. 2019
- Premium Statistic Real estate brokerages with data protection procedures in the U.S. 2019
- Basic Statistic Preferred skills and qualities of real estate agents in the U.S. 2023
Priorities of home buyers
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- Premium Statistic Types of homes purchased in the U.S. 2023
- Premium Statistic Types of homes purchased in the U.S. 2023, by age group
- Premium Statistic Home buyers interested in rental potential of home in the U.S. 2019, by generation
- Premium Statistic Home buyers interested in smart homes in the U.S. 2019, by generation
- Premium Statistic Home buyers interested in assigned parking in the U.S. 2019, by generation
- Premium Statistic Importance of selected features among home buyers in the U.S. 2018, by child status
- Premium Statistic Likelihood of home buyers sacrificing selected features for better schools U.S. 2018
Funding sources
7
- Premium Statistic Years needed to save for 20 percent down payment in selected U.S. markets 2018
- Premium Statistic Years needed to save for 10 percent down payment in selected U.S. markets 2018
- Premium Statistic Perception of own mortgage affordability according to U.S. adults 2019, by generation
- Premium Statistic View of own mortgage affordability according to U.S. adults in 2019, by HH income
- Premium Statistic Perception of own mortgage affordability according to U.S. adults in 2019, by region
- Premium Statistic Down payment sources of Millennial homebuyers in the U.S. 2019
- Premium Statistic Changes potential first-time buyers made to afford mortgage in the U.S. 2019
Further related statistics
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- Share of searches for starter homes in the U.S. 2018
- Share of searches for premium homes in the U.S. 2018
- Share of listings for premium homes in the U.S. 2018
- Share of income spent on homes in the U.S. 2017-2019, by type
- Number of years first-time homebuyers need for down payment in U.S. metros 2019
- Issues that put first-time buyers off applying for a mortgage in the UK 2011-2015
- Weekly savings of non-homeowners towards a mortgage deposit in the UK 2015, by region
- First-time buyers: biggest barriers to buying first property in the UK 2019
- Perceived difficulty of obtaining a mortgage in the UK 2011-2015
- Houses sold to first-time and re-entry home buyers Netherlands 2016, by house surface
- Number of first time home buyers in the United Kingdom (UK) 2016, by country
- Expected age of first property purchase in Italy 2018
- First-time home buyer mortgage share in largest municipalities Netherlands 2015-2017
- Share of first-time buyers paying stamp duty in the UK in H2 2020, by region
- Distribution of first-time homebuyers in the Netherlands 2013-2017, by age group
Further Content: You might find this interesting as well
Statistics
- Share of searches for starter homes in the U.S. 2018
- Share of searches for premium homes in the U.S. 2018
- Share of listings for premium homes in the U.S. 2018
- Share of income spent on homes in the U.S. 2017-2019, by type
- Number of years first-time homebuyers need for down payment in U.S. metros 2019
- Issues that put first-time buyers off applying for a mortgage in the UK 2011-2015
- Weekly savings of non-homeowners towards a mortgage deposit in the UK 2015, by region
- First-time buyers: biggest barriers to buying first property in the UK 2019
- Perceived difficulty of obtaining a mortgage in the UK 2011-2015
- Houses sold to first-time and re-entry home buyers Netherlands 2016, by house surface
- Number of first time home buyers in the United Kingdom (UK) 2016, by country
- Expected age of first property purchase in Italy 2018
- First-time home buyer mortgage share in largest municipalities Netherlands 2015-2017
- Share of first-time buyers paying stamp duty in the UK in H2 2020, by region
- Distribution of first-time homebuyers in the Netherlands 2013-2017, by age group
Trulia. (November 29, 2018). Share of income needed to afford a median priced starter home in selected metros in the United States in 2018 [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/949501/income-share-needed-starter-home-metros-usa/
Trulia. "Share of income needed to afford a median priced starter home in selected metros in the United States in 2018." Chart. November 29, 2018. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/949501/income-share-needed-starter-home-metros-usa/
Trulia. (2018). Share of income needed to afford a median priced starter home in selected metros in the United States in 2018. Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/949501/income-share-needed-starter-home-metros-usa/
Trulia. "Share of Income Needed to Afford a Median Priced Starter Home in Selected Metros in The United States in 2018." Statista, Statista Inc., 29 Nov 2018, https://www.statista.com/statistics/949501/income-share-needed-starter-home-metros-usa/
Trulia, Share of income needed to afford a median priced starter home in selected metros in the United States in 2018 Statista, https://www.statista.com/statistics/949501/income-share-needed-starter-home-metros-usa/ (last visited May 19, 2024)
Share of income needed to afford a median priced starter home in selected metros in the United States in 2018 [Graph], Trulia, November 29, 2018. [Online]. Available: https://www.statista.com/statistics/949501/income-share-needed-starter-home-metros-usa/