Why move to
Ohio? According to Trulia, Ohio currently has the most affordable market for middle
class home buyers
when the median household income is compared to the price of homes listed of
each major city in the US.
Six of the
top eleven most affordable cities to live in were in Ohio; Akron, Dayton,
Toledo, Cleveland, Columbus, and Cincinnati.
Akron, Dayton, and Toledo were the top three.
86% of homes listed were within reach of the middle class when comparing
listing prices to median household income.
Dayton and Toledo were not far behind.
Cincinnati, Columbus and Cleveland, over 80% of the homes listed were
attainable within the average household income.
When we look
at the cities that were least affordable by the middle class, well… California
took the cake. Seven out of the eleven
least affordable cities for the middle class were in California, San Francisco
being the least affordable city for the middle class in the entire
country. Only 14% of the homes listed
are attainable with an average household income of $78,000. Oakland, Ventura
County, San Jose, San Diego Orange County, and LA are the other six.
ask where Chicago ranks in the picture.
Well surprisingly still near the top.
Chicago was 13% lower than Akron at 86%.
With the median household income
in Chicago at $59,000 and able to afford a 1,244 square foot home priced at
$254,000, 73% of homes currently listed in Chicagoland are an attainable
So don’t pack
your truck up just yet and head to the Buckeye State, the Chicago metro area is
an affordable area to live, and let’s face it, we have better professional