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A recent Zillow study outlined how much of a raise is needed to afford typical mortgage payments in 50 of the nation’s most popular metropolitan areas. Buying a home in 11 major cities, including Miami, Boston and New York, requires receiving a raise of $50,000 or more. Just how much more? Try a six-figure raise, which is required to afford four hot California real estate markets: San Jose, San Francisco, Los Angeles and San Diego.
Take a look at the raise needed, from the highest to lowest amount, to afford a home in 50 of the nation’s most popular metros.
1. San Jose, California
- Raise needed to afford a typical mortgage payment (20% down): $251,597
- Typical home value: $1,649,985
- Typical mortgage payment: $8,619
- Median income: $162,837
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2. San Francisco
- Raise needed to afford a typical mortgage payment (20% down): $165,566
- Typical home value: $1,165,757
- Typical mortgage payment: $6,090
- Median income: $135,311
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3. Los Angeles
- Raise needed to afford a typical mortgage payment (20% down): $149,375
- Typical home value: $973,190
- Typical mortgage payment: $5,084
- Median income: $98,204
4. San Diego
- Raise needed to afford a typical mortgage payment (20% down): $128,954
- Typical home value: $945,140
- Typical mortgage payment: $4,937
- Median income: $111,160
5. New York City
- Raise needed to afford a typical mortgage payment (20% down): $99,343
- Typical home value: $705,108
- Typical mortgage payment: $3,683
- Median income: $102,042
6. Seattle
- Raise needed to afford a typical mortgage payment (20% down): $84,356
- Typical home value: $767,553
- Typical mortgage payment: $4,010
- Median income: $118,074
7. Boston
- Raise needed to afford a typical mortgage payment (20% down): $78,703
- Typical home value: $733,270
- Typical mortgage payment: $3,831
- Median income: $117,605
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8. Riverside, California
- Raise needed to afford a typical mortgage payment (20% down): $60,685
- Typical home value: $591,424
- Typical mortgage payment: $3,090
- Median income: $94,263
9. Miami
- Raise needed to afford a typical mortgage payment (20% down): $59,379
- Typical home value: $482,204
- Typical mortgage payment: $2,519
- Median income: $81,901
10. Sacramento, California
- Raise needed to afford a typical mortgage payment (20% down): $53,660
- Typical home value: $590,697
- Typical mortgage payment: $3,086
- Median income: $101,854
11. Providence, Rhode Island
- Raise needed to afford a typical mortgage payment (20% down): $50,418
- Typical home value: $507,954
- Typical mortgage payment: $2,654
- Median income: $88,937
12. Portland, Oregon
- Raise needed to afford a typical mortgage payment (20% down): $48,708
- Typical home value: $561,374
- Typical mortgage payment: $2,933
- Median income: $101,275
13. Denver
- Raise needed to afford a typical mortgage payment (20% down): $43,588
- Typical home value: $592,884
- Typical mortgage payment: $3,097
- Median income: $109,707
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14. Salt Lake City
- Raise needed to afford a typical mortgage payment (20% down): $40,038
- Typical home value: $559,930
- Typical mortgage payment: $2,925
- Median income: $100,944
15. Milwaukee
- Raise needed to afford a typical mortgage payment (20% down): $36,519
- Typical home value: $374,133
- Typical mortgage payment: $1,954
- Median income: $82,182
16. Las Vegas
- Raise needed to afford a typical mortgage payment (20% down): $29,140
- Typical home value: $440,327
- Typical mortgage payment: $2,300
- Median income: $80,966
17. Austin, Texas
- Raise needed to afford a typical mortgage payment (20% down): $27,545
- Typical home value: $451,858
- Typical mortgage payment: $2,360
- Median income: $104,736
18. Tampa, Florida
- Raise needed to afford a typical mortgage payment (20% down): $27,198
- Typical home value: $368,374
- Typical mortgage payment: $1,924
- Median income: $77,567
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19. Washington, D.C.
- Raise needed to afford a typical mortgage payment (20% down): $26,513
- Typical home value: $587,645
- Typical mortgage payment: $3,070
- Median income: $129,410
20. Orlando, Florida
- Raise needed to afford a typical mortgage payment (20% down): $26,497
- Typical home value: $393,884
- Typical mortgage payment: $2,058
- Median income: $83,211
21. Nashville, Tennessee
- Raise needed to afford a typical mortgage payment (20% down): $25,508
- Typical home value: $459,668
- Typical mortgage payment: $2,401
- Median income: $90,907
22. Phoenix
- Raise needed to afford a typical mortgage payment (20% down): $22,500
- Typical home value: $456,834
- Typical mortgage payment: $2,386
- Median income: $90,936
23. Jacksonville, Florida
- Raise needed to afford a typical mortgage payment (20% down): $19,202
- Typical home value: $357,233
- Typical mortgage payment: $1,866
- Median income: $80,999
24. Dallas
- Raise needed to afford a typical mortgage payment (20% down): $17,448
- Typical home value: $377,186
- Typical mortgage payment: $1,970
- Median income: $92,403
25. Raleigh, North Carolina
- Raise needed to afford a typical mortgage payment (20% down): $16,602
- Typical home value: $450,409
- Typical mortgage payment: $2,353
- Median income: $102,629
26. Philadelphia
- Raise needed to afford a typical mortgage payment (20% down): $16,344
- Typical home value: $382,466
- Typical mortgage payment: $1,998
- Median income: $91,803
27. Hartford, Connecticut
- Raise needed to afford a typical mortgage payment (20% down): $16,104
- Typical home value: $384,822
- Typical mortgage payment: $2,010
- Median income: $98,311
28. Charlotte, North Carolina
- Raise needed to afford a typical mortgage payment (20% down): $15,302
- Typical home value: $390,896
- Typical mortgage payment: $2,042
- Median income: $86,836
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29. Atlanta
- Raise needed to afford a typical mortgage payment (20% down): $14,735
- Typical home value: $389,097
- Typical mortgage payment: $2,033
- Median income: $92,240
30. Virginia Beach, Virginia
- Raise needed to afford a typical mortgage payment (20% down): $13,898
- Typical home value: $363,937
- Typical mortgage payment: $1,901
- Median income: $84,756
31. Richmond, Virginia
- Raise needed to afford a typical mortgage payment (20% down): $12,816
- Typical home value: $388,273
- Typical mortgage payment: $2,028
- Median income: $90,355
32. New Orleans
- Raise needed to afford a typical mortgage payment (20% down): $10,543
- Typical home value: $253,141
- Typical mortgage payment: $1,322
- Median income: $65,252
33. Minneapolis
- Raise needed to afford a typical mortgage payment (20% down): $8,627
- Typical home value: $389,105
- Typical mortgage payment: $2,033
- Median income: $100,980
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34. Baltimore
- Raise needed to afford a typical mortgage payment (20% down): $8,104
- Typical home value: $402,127
- Typical mortgage payment: $2,101
- Median income: $100,217
35. San Antonio, Texas
- Raise needed to afford a typical mortgage payment (20% down): $8,064
- Typical home value: $286,497
- Typical mortgage payment: $1,497
- Median income: $77,645
36. Kansas City, Missouri
- Raise needed to afford a typical mortgage payment (20% down): $7,383
- Typical home value: $319,698
- Typical mortgage payment: $1,670
- Median income: $84,445
37. Houston
- Raise needed to afford a typical mortgage payment (20% down): $6,304
- Typical home value: $314,262
- Typical mortgage payment: $1,642
- Median income: $84,254
38. Columbus, Ohio
- Raise needed to afford a typical mortgage payment (20% down): $2,561
- Typical home value: $330,668
- Typical mortgage payment: $1,727
- Median income: $82,062
39. Memphis, Tennessee
- Raise needed to afford a typical mortgage payment (20% down): $807
- Typical home value: $246,017
- Typical mortgage payment: $1,285
- Median income: $68,015
40. Chicago
- Raise needed to afford a typical mortgage payment (20% down): -$187
- Typical home value: $341,695
- Typical mortgage payment: $1,785
- Median income: $92,838
41. Louisville, Kentucky
- Raise needed to afford a typical mortgage payment (20% down): -$855
- Typical home value: $271,731
- Typical mortgage payment: $1,420
- Median income: $73,137
42. Detroit
- Raise needed to afford a typical mortgage payment (20% down): -$1,804
- Typical home value: $264,707
- Typical mortgage payment: $1,383
- Median income: $76,598
43. Oklahoma City
- Raise needed to afford a typical mortgage payment (20% down): -$2,201
- Typical home value: $242,405
- Typical mortgage payment: $1,266
- Median income: $74,291
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44. Indianapolis
- Raise needed to afford a typical mortgage payment (20% down): -$3,052
- Typical home value: $291,507
- Typical mortgage payment: $1,523
- Median income: $83,089
45. Buffalo, New York
- Raise needed to afford a typical mortgage payment (20% down): -$3,137
- Typical home value: $276,444
- Typical mortgage payment: $1,444
- Median income: $74,456
46. Birmingham, Alabama
- Raise needed to afford a typical mortgage payment (20% down): -$3,933
- Typical home value: $257,856
- Typical mortgage payment: $1,347
- Median income: $73,663
47. Cincinnati
- Raise needed to afford a typical mortgage payment (20% down): -$4,396
- Typical home value: $301,042
- Typical mortgage payment: $1,573
- Median income: $82,822
48. St. Louis
- Raise needed to afford a typical mortgage payment (20% down): -$4,897
- Typical home value: $269,589
- Typical mortgage payment: $1,408
- Median income: $82,664
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49. Pittsburgh
- Raise needed to afford a typical mortgage payment (20% down): -$11,244
- Typical home value: $226,889
- Typical mortgage payment: $1,185
- Median income: $76,870
50. Cleveland
- Raise needed to afford a typical mortgage payment (20% down): -$11,588
- Typical home value: $243,743
- Typical mortgage payment: $1,273
- Median income: $72,083
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This article originally appeared on GOBankingRates.com: The Raise Needed To Afford a Home in 50 of America’s Most Popular Metros
