Bloomberg Millennial Housing Affordability Index
Rank Metro area Median home value Median Millennial earnings Min. salary required to purchase home Earnings gap/surplus
1 San Jose, CA 924,825 53,215 133,377 -80,162
2 San Francisco, CA 764,925 49,342 110,317 -60,975
3 Los Angeles, CA 560,175 35,027 80,788 -45,761
4 San Diego, CA 509,800 37,439 73,523 -36,084
5 Sacramento, CA 341,050 38,908 45,544 -6,636
6 New York, NY 374,350 43,809 50,359 -6,550
7 Seattle, WA 360,450 42,830 48,608 -5,778
8 Riverside, CA 289,400 33,258 38,647 -5,389
9 Washington, DC 402,800 49,294 54,451 -5,157
10 Boston, MA 379,975 46,348 50,742 -4,394
11 Miami-Fort Lauderdale, FL 266,975 31,969 36,002 -4,033
12 Denver, CO 311,525 39,492 42,112 -2,620
13 Portland, OR 290,225 37,703 39,042 -1,339
14 Salt Lake City, UT 229,350 33,698 30,590 3,108
15 Virginia Beach, VA 217,650 33,654 29,030 4,624
16 Austin, TX 229,000 36,357 31,070 5,287
17 Providence, RI 235,450 37,697 31,519 6,178
18 Las Vegas, NV 205,425 34,488 27,635 6,853
19 Phoenix, AZ 213,250 35,790 28,547 7,243
20 Orlando, FL 180,125 31,938 24,290 7,648
21 Baltimore, MD 248,975 43,496 33,698 9,798
22 Nashville, TN 177,775 34,147 24,090 10,057
23 Milwaukee, WI 194,400 36,896 26,439 10,457
24 Philadelphia, PA 226,975 41,005 30,496 10,509
25 Raleigh, NC 200,300 38,298 27,176 11,122
26 Tampa, FL 159,800 33,138 21,549 11,589
27 New Orleans, LA 160,450 33,403 21,796 11,607
28 San Antonio, TX 147,825 31,935 20,056 11,879
29 Minneapolis-St Paul, MN 220,125 41,578 29,504 12,074
30 Jacksonville, FL 158,575 33,520 21,384 12,136
31 Richmond, VA 187,200 37,331 24,968 12,363
32 Chicago, IL 199,875 39,967 27,019 12,948
33 Charlotte, NC 161,350 34,957 21,891 13,066
34 Dallas-Fort Worth, TX 158,625 34,717 21,522 13,195
35 Hartford, CT 226,625 44,032 30,710 13,322
36 Houston, TX 159,450 35,034 21,633 13,401
37 Atlanta, GA 156,175 35,970 21,163 14,807
38 Oklahoma City, OK 129,150 32,865 17,629 15,236
39 Louisville, KY 131,950 33,291 17,750 15,541
40 Columbus, OH 154,775 37,020 20,669 16,351
41 St. Louis, MO 134,725 35,931 18,190 17,741
42 Birmingham, AL 123,300 34,476 16,729 17,747
43 Cincinnati, OH 140,075 36,728 18,706 18,022
44 Memphis, TN 104,100 32,370 14,107 18,263
45 Kansas City, MO 139,325 37,271 18,811 18,460
46 Cleveland, OH 122,625 35,109 16,375 18,734
47 Indianapolis, IN 131,350 36,595 17,843 18,752
48 Buffalo, NY 124,600 35,731 16,762 18,969
49 Pittsburgh, PA 123,950 37,366 16,654 20,712
50 Detroit, MI 110,075 36,160 14,953 21,207