Due to current market trends, the path to homeownership for Millennials and Gen Zers requires careful financial planning.A Bankrate study found Americans need a 6-figure income to afford a mid-priced home....
Income Requirements
Median Income: $54,858 Household Average Value: $635,356 Household 10% Down Payment: $63,535.60 Monthly Mortgage Cost: $3,800 Monthly Expenditure Cost: $2,803 Monthly Total Cost: $6,603 Salary Needed: $158,477 Livability: 81...