The Most House-Poor (and Rich) Major Cities in America

Want to buy a home in a city with a high cost of living such as Miami, New York or Los Angeles? Unless you earn substantially more than the average salary, most of your income likely will go toward housing and create a potentially unsustainable “house poor” situation.

According to a new GOBankingRates study, Americans spend more than 30% of their income on home costs in these three popular metros. Conversely, Raleigh, North Carolina, and Gilbert, Arizona, rank among the five most “house rich” cities in the nation — where homeowners pay less than 19% of their income on home costs.

For this research piece, GOBankingRates studied major cities with at least 100,000 total population and sourced key factors such as median household income and average home value. Using Census data, the percentage of income spent on housing costs was calculated. The 50 highest and lowest cities were ranked by the percentage of income spent on selected monthly housing costs.

• Newark, New Jersey, is the most house-poor city in America. Homeowners spend 36% of their income on home costs in The Garden State.
• Homeowners in the nation’s five most house-poor cities spend more than 33% of their income on housing expenses. Joining Newark are Hialeah, Florida (34%); Miami Gardens, Florida (34%); El Monte, California (34%) and Miami (33%).
• Six Florida cities ranked as the nation’s most house poor. Homeowners in Hialeah (#2), Miami Gardens (#3), Miami (#5), Hollywood (#10), Pompano Beach (#12), Pembroke Pines (#19) and Fort Lauderdale (#20) spend 29% or more of their salary on home costs.
• Fishers, Indiana, is America’s most house-rich city. Only 16% of homeowner income goes toward home costs.
• The top three house-rich cities see 17% or less of homeowner income going toward housing expenses: Fishers (16%); Carmel, Indiana (16%) and Cary, North Carolina (17%).

Take a look at the 25 most house poor and 25 most house rich major cities in America. Plus, check out the nation’s safest and richest cities to live in.

Homeowners in these 25 major U.S. cities spend 29% or more of their income on home costs, making it possible to become house poor.

• Total population: 307,188
• Average home value: $500,189
• Median household income: $48,416
• % of income spent on home costs: 36.1%

• Total population: 221,901
• Average home value: $559,873
• Median household income: $53,079
• % of income spent on home costs: 34.3%

• Total population: 111,264
• Average home value: $480,854
• Median household income: $60,979
• % of income spent on home costs: 34.1%

• Total population: 107,066
• Average home value: $763,579
• Median household income: $64,484
• % of income spent on home costs: 33.7%

• Total population: 446,663
• Average home value: $653,250
• Median household income: $59,390
• % of income spent on home costs: 33.5%

• Total population: 148,012
• Average home value: $394,981
• Median household income: $56,584
• % of income spent on home costs: 32.7%

• Total population: 135,887
• Average home value: $557,976
• Median household income: $63,874
• % of income spent on home costs: 32.2%

• Total population: 8,516,202
• Average home value: $855,561
• Median household income: $79,713
• % of income spent on home costs: 32.1%

• Total population: 157,660
• Average home value: $530,438
• Median household income: $53,766
• % of income spent on home costs: 32%

• Total population: 152,935
• Average home value: $504,693
• Median household income: $65,359
• % of income spent on home costs: 32%

• Total population: 3,857,897
• Average home value: $1,008,510
• Median household income: $80,366
• % of income spent on home costs: 31.6%

• Total population: 112,212
• Average home value: $441,580
• Median household income: $63,832
• % of income spent on home costs: 31.4%

• Total population: 105,575
• Average home value: $780,259
• Median household income: $71,029
• % of income spent on home costs: 31.3%

• Total population: 172,542
• Average home value: $884,013
• Median household income: $93,724
• % of income spent on home costs: 31.1%

• Total population: 107,020
• Average home value: $588,008
• Median household income: $89,183
• % of income spent on home costs: 30.9%

• Total population: 192,270
• Average home value: $1,340,576
• Median household income: $84,262
• % of income spent on home costs: 30.5%

• Total population: 346,323
• Average home value: $1,242,726
• Median household income: $85,428
• % of income spent on home costs: 30.4%

• Total population: 376,035
• Average home value: $233,370
• Median household income: $55,339
• % of income spent on home costs: 30.3%

• Total population: 170,557
• Average home value: $590,600
• Median household income: $81,675
• % of income spent on home costs: 30.1%

• Total population: 183,032
• Average home value: $578,234
• Median household income: $79,935
• % of income spent on home costs: 29.9%

• Total population: 114,617
• Average home value: $664,674
• Median household income: $68,378
• % of income spent on home costs: 29.9%

• Total population: 100,905
• Average home value: $597,996
• Median household income: $74,715
• % of income spent on home costs: 29.8%

• Total population: 104,909
• Average home value: $828,598
• Median household income: $66,478
• % of income spent on home costs: 29.8%

• Total population: 143,499
• Average home value: $1,208,701
• Median household income: $113,105
• % of income spent on home costs: 29.4%

• Total population: 636,644
• Average home value: $76,857
• Median household income: $39,575
• % of income spent on home costs: 29.4%

Homeowners do not exceed spending more than 20% of their income on home costs in these 25 major cities, many of which are in regions with lower cost of living.

• Total population: 100,918
• Average home value: $449,883
• Median household income: $128,141
• % of income spent on home costs: 16.4%

• Total population: 100,501
• Average home value: $560,215
• Median household income: $134,602
• % of income spent on home costs: 16.5%

• Total population: 176,686
• Average home value: $628,281
• Median household income: $129,399
• % of income spent on home costs: 17.2%

• Total population: 470,763
• Average home value: $441,552
• Median household income: $82,424
• % of income spent on home costs: 18.1%

• Total population: 271,118
• Average home value: $573,316
• Median household income: $121,351
• % of income spent on home costs: 18.4%

• Total population: 321,122
• Average home value: $325,728
• Median household income: $67,631
• % of income spent on home costs: 18.4%

• Total population: 288,465
• Average home value: $402,001
• Median household income: $79,234
• % of income spent on home costs: 18.4%

• Total population: 197,768
• Average home value: $294,787
• Median household income: $65,526
• % of income spent on home costs: 18.5%

• Total population: 218,814
• Average home value: $285,506
• Median household income: $70,778
• % of income spent on home costs: 18.6%

• Total population: 266,235
• Average home value: $237,220
• Median household income: $60,293
• % of income spent on home costs: 18.7%

• Total population: 113,714
• Average home value: $164,507
• Median household income: $65,537
• % of income spent on home costs: 18.8%

• Total population: 278,123
• Average home value: $531,789
• Median household income: $103,691
• % of income spent on home costs: 19%

• Total population: 143,720
• Average home value: $415,750
• Median household income: $112,232
• % of income spent on home costs: 19%

• Total population: 101,083
• Average home value: $187,287
• Median household income: $64,497
• % of income spent on home costs: 19%

• Total population: 186,419
• Average home value: $484,564
• Median household income: $77,643
• % of income spent on home costs: 19%

• Total population: 102,583
• Average home value: $388,498
• Median household income: $104,989
• % of income spent on home costs: 19.1%

• Total population: 121,638
• Average home value: $341,476
• Median household income: $87,767
• % of income spent on home costs: 19.1%

• Total population: 127,200
• Average home value: $323,038
• Median household income: $64,488
• % of income spent on home costs: 19.2%

• Total population: 886,283
• Average home value: $404,822
• Median household income: $78,438
• % of income spent on home costs: 19.2%

• Total population: 129,064
• Average home value: $325,917
• Median household income: $66,029
• % of income spent on home costs: 19.3%

• Total population: 189,526
• Average home value: $134,618
• Median household income: $48,544
• % of income spent on home costs: 19.4%

• Total population: 115,919
• Average home value: $283,418
• Median household income: $85,220
• % of income spent on home costs: 19.5%

• Total population: 101,437
• Average home value: $711,391
• Median household income: $155,847
• % of income spent on home costs: 19.5%

• Total population: 128,714
• Average home value: $265,845
• Median household income: $65,060
• % of income spent on home costs: 19.5%

• Total population: 102,866
• Average home value: $181,250
• Median household income: $52,512
• % of income spent on home costs: 19.5%

Check out more original studies and surveys in the GOBankingRates original research center.

Methodology: Using the U.S. Census 5-Year 2023 ACS, GOBankingRates sourced total population, households, median household income, median income for owner-occupied households, median selected monthly owner costs for units with mortgages, and number of homes with a mortgage. The percentage of median owner-occupied household income spent on owner-occupied selected monthly owner housing costs was then calculated using the Census data. The 50 highest and lowest cities with the percentage of median owner-occupied household income spent on owner-occupied selected monthly owner housing costs were identified. Cost-of-living indexes were sourced from Sperling’s BestPlaces. Using expenditure costs for owner-occupied households with mortgages, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure costs were calculated for each city. The average home value was sourced from Zillow Home Value Index. By assuming a 10% down payment and using the national average 30-year fixed mortgage rate, the average mortgage was calculated for each city. Using the average mortgage and expenditures, the average total cost of living for necessities was calculated for each city. All data was collected on Nov. 13, 2025.