How much do you need to earn to afford a home in each state? Based on the 28% rule with median home prices.
| # | State | Salary Needed ▲ | Visual | Income | COL | Grade |
|---|---|---|---|---|---|---|
| #1 | West Virginia | $33,590/yr | $48,000 | 84 | A+ | |
| #2 | Mississippi | $37,924/yr | $46,500 | 83 | A+ | |
| #3 | Arkansas | $42,258/yr | $52,100 | 84 | A+ | |
| #4 | Louisiana | $44,425/yr | $52,300 | 91 | A+ | |
| #5 | Alabama | $46,592/yr | $56,200 | 87 | A+ | |
| #6 | Iowa | $46,592/yr | $63,200 | 90 | A+ | |
| #7 | Kansas | $46,592/yr | $62,100 | 89 | A+ | |
| #8 | Oklahoma | $46,592/yr | $55,800 | 86 | A+ | |
| #9 | Kentucky | $48,760/yr | $55,600 | 87 | A+ | |
| #10 | Indiana | $50,927/yr | $58,600 | 90 | A+ | |
| #11 | Michigan | $50,927/yr | $63,400 | 89 | A+ | |
| #12 | Missouri | $50,927/yr | $61,000 | 88 | A+ | |
| #13 | North Dakota | $50,927/yr | $64,800 | 93 | A+ | |
| #14 | Ohio | $50,927/yr | $59,300 | 89 | A+ | |
| #15 | Nebraska | $53,094/yr | $66,500 | 91 | A+ | |
| #16 | Pennsylvania | $57,428/yr | $67,600 | 94 | A | |
| #17 | South Dakota | $57,428/yr | $62,100 | 91 | A | |
| #18 | Wisconsin | $57,428/yr | $64,800 | 93 | A | |
| #19 | Illinois | $61,762/yr | $72,200 | 93 | A | |
| #20 | New Mexico | $61,762/yr | $53,000 | 91 | A | |
| #21 | South Carolina | $63,929/yr | $56,200 | 92 | A | |
| #22 | Minnesota | $68,263/yr | $77,700 | 97 | A | |
| #23 | Wyoming | $68,263/yr | $65,000 | 95 | A | |
| #24 | Delaware | $70,430/yr | $69,100 | 102 | A | |
| #25 | Alaska | $72,598/yr | $77,800 | 127 | A | |
| #26 | Georgia | $72,598/yr | $63,400 | 93 | A | |
| #27 | Texas | $72,598/yr | $67,300 | 93 | A | |
| #28 | North Carolina | $76,932/yr | $61,000 | 95 | A | |
| #29 | Vermont | $76,932/yr | $63,400 | 110 | A | |
| #30 | Maine | $79,099/yr | $63,200 | 109 | B+ | |
| #31 | Tennessee | $81,266/yr | $59,700 | 91 | B+ | |
| #32 | Virginia | $83,433/yr | $80,600 | 103 | B+ | |
| #33 | Connecticut | $85,600/yr | $83,800 | 121 | B+ | |
| #34 | Maryland | $85,600/yr | $90,200 | 118 | B+ | |
| #35 | Florida | $87,767/yr | $63,100 | 103 | B+ | |
| #36 | Arizona | $89,934/yr | $65,600 | 103 | B+ | |
| #37 | Idaho | $89,934/yr | $62,300 | 97 | B+ | |
| #38 | Nevada | $89,934/yr | $64,200 | 104 | B+ | |
| #39 | Rhode Island | $92,101/yr | $71,200 | 109 | B+ | |
| #40 | Montana | $96,436/yr | $60,600 | 103 | B+ | |
| #41 | New Hampshire | $96,436/yr | $83,300 | 112 | B+ | |
| #42 | Oregon | $102,937/yr | $71,200 | 113 | B | |
| #43 | New York | $105,104/yr | $75,900 | 139 | B | |
| #44 | New Jersey | $107,271/yr | $87,700 | 121 | B | |
| #45 | Utah | $109,438/yr | $75,600 | 103 | B | |
| #46 | Colorado | $118,106/yr | $80,200 | 105 | B | |
| #47 | Massachusetts | $126,775/yr | $89,700 | 135 | C | |
| #48 | Washington | $128,942/yr | $82,100 | 115 | C | |
| #49 | California | $170,117/yr | $84,900 | 142 | F | |
| #50 | Hawaii | $180,952/yr | $84,900 | 190 | F |
Based on our analysis of home buying affordability across all 50 states, West Virginia ranks #1 with $33,590/yr, while Hawaii ranks last at $180,952/yr. The national average is $76,932/yr.
States with no income tax (Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming) generally perform well on affordability metrics due to higher effective take-home pay.
The gap between the best and worst state is significant: $147,362/yr. This means your choice of state can make a dramatic difference in your home buying affordability. Use our home affordability calculator to run the numbers for your specific situation.
West Virginia ranks #1 with $33,590/yr. Mississippi and Arkansas round out the top 3.
Hawaii ranks last (#50) with $180,952/yr. California and Washington are also among the worst.
The average across all 50 states is $76,932/yr. The median is $72,598/yr.
This data is calculated using the latest available median income, housing prices, cost of living indices, tax rates, and expense data for each state. Our methodology uses consistent formulas applied to all 50 states for fair comparison.