Want to buy a home in California? Here’s how much you need to earn — by county

You’ll need to earn at least $333,270 a year to qualify to buy a median-priced home in San Francisco — but not all of California is that costly: An income of $35,400 is enough in Lassen County.

A California Association of Realtors housing report on the first quarter of 2018 lists median home prices, estimated monthly payments and qualifying incomes for each of the state’s 58 counties.

The median home price statewide hit $538,640, requiring a monthly payment of $2,790, including taxes and insurance, and a minimum qualifying income of $111,500, according to the report.

Read the rest of the story on The Sacramento Bee


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