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Los Angeles Has The Highest Home Price-to-Income Ratio In The U.S. 🏘️

Los Angeles Has The Highest Home Price-to-Income Ratio In The U.S. 🏘️

What We're Showing

The home price-to-income ratio of 54 large cities in the U.S.

Data is for 2024 and comes from a Construction Coverage analysis of Zillow and U.S. Census Bureau data.

The home price-to-income ratio was calculated by dividing median home price by the median annual household income.

Large cities have a population greater than 1,000,000.

Buying A Home On The West Cost Is The Most Unaffordable

Major metropolitan areas on the West Coast have some the highest home price-to-income ratios in the country.

The top four cities with the highest ratios are all in California, while other major West Coast cities like San Francisco, Seattle, and Portland rank among the top 15. The top five cities have a price-to-income ratio more than double the national average of 4.7.

While median household income in cities like San Francisco, San Jose, and Seattle are among the highest in the country, they also have some of the most expensive house prices in the country.