Three Of The Top Ten Median Homeowner Income Metropolitan Areas Are In California.
Three metropolitan areas in California are among the top 10 in median income of owner occupied households. The San Jose area leads the nation in median income with a median household income of $115,297. Not surprisingly 9 out of 10 of these high income areas have home ownership rates well below the average of 64.7%. Across the country the median household income for owner occupied homes stands at $65,154.
The results are from a National Association Of Homebuilders (NAHB) and Census Bureau study.
Housing in the San Francisco area is the most expensive in the nation with a median home value of $719,800. By comparison, the Philadelphia metro area has a median home value of $235,100.
According to the latest American Community Survey (ACS) conducted annually by the Census Bureau, the median income for the Philadelphia metro area is $60,105.
|
METROPOLITAN AREA |
STATE |
MEDIAN INCOME |
| San Jose – Sunnyvale – Santa Clara |
CA |
$115,297 |
| Bethesda – Rockville – Frederick |
MD |
$114,444 |
| Washington – Arlington – Alexandria |
DC/VA |
$111,816 |
| San Francisco – San Mateo – Redwood City |
CA |
$110,663 |
| Cambridge – Newton – Framingham |
MA |
$105,786 |
| Bridgeport – Stanford – Norwalk |
CT |
$104,790 |
| Nassau – Suffolk |
NY |
$102,632 |
| Oakland – Fremont – Hayward |
CA |
$101,124 |
| Newark – Union |
NJ |
$100,067 |
| Boulder |
CO |
$97,690 |
Wallingford PA Real Estate – Wallingford, PA 19086
