RE: RE: ScaredyCatGuide to Real Estate: The Salary Needed to Buy a Home in Each State
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RE: ScaredyCatGuide to Real Estate: The Salary Needed to Buy a Home in Each State

phul(56)
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5y

This map is a little... off to me.

I went ahead to their source to see what kind of numbers they were using, and I'll chime in on New Jersey.

They used $285,000 as the median sales price for NJ, and I don't think I've ever seen a house go for that cheap.

Paramus, NJ ($399K is an empty lot)
1.png

East Hanover, NJ ($299K is an empty lot)
2.png

NJ also has really high property taxes, and a $300,000 home would probably include a property tax bill of $500+ a month.

@phul: This map is a | Ecency