How much house can you buy with a year’s income?
I read an interesting article posted on MSN Real Estate that asked the question, What a year’s pay will buy you? That prompted me to ask two other questions. Since the article used median income to locate homes for sale I wondered what the median income for my county Paulding County, GA and surrounding counties my team and I service was. The second question was what’s out there that fits these income figures?
To my surprise there were quite a few homes that were available as of this writing and here’s my results for buyers that may want to take advantage of today’s market.
Information from Georgia Info
Georgia Counties Median Household Income (Based on U.S. Census Bureau Figures, 2010 )
Paulding County, GA Median income $63,663
Cobb County, GA Median income$62,893
Douglas County, GA Median income $50,798
To find other homes and price ranges click here