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Least affordable metro areas U.S. 2018, by income spent on mortgage

Published by Statista Research Department, Nov 6, 2020
This statistic shows the share of income spent on mortgage payments in selected metro areas in the Unites States in 2018. In 2018, Los Angeles, California was the third least affordable metro area because 43.7 percent of the median household income was spent on median mortgage payments. For comparison, this is higher than the 17.5 percent homeowners spent, on average, on mortgage payments in the United States in 2018.

Share of income spent on mortgage payments in selected metro areas in the Unites States in 2018

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Release date

March 2019

Region

United States

Survey time period

2018

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