The Raise Needed To Afford a Home in 50 of America’s Most Popular Metros

Could your next raise at work be enough money to buy a home?

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. 

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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

• 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