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Denver’s typically on plenty of positive city lists — but this one’s not among them. Trulia has put together a report entitled “Where Is Homeownership Within Reach of the Middle Class and Millennials?,” and according to data compiled by the site, Denver’s among the least affordable in the country.
Where did it finish? Find out by counting down our photo-illustrated roster, featuring Trulia data. Also included is a document filled with info about lots of other places, too. For the original post, click here.
See also: Ten Most Desirable Zip Codes in the Denver Area
Number 1: San Francisco
Percentage Affordable to Middle Class: 15 percent
Percentage Affordable to Millennials: 16 percent
Percentage Affordable to Middle Class, October 2013: 14 percent
Median Size of Home Affordable to Middle Class: 1,050
Median Household Income: $86,000
Median Household Income, Millennial Households Only: $90,000
Number 2: Los Angeles
Percentage Affordable to Middle Class: 22 percent
Percentage Affordable to Millennials: 17 percent
Percentage Affordable to Middle Class, October 2013: 24 percent
Median Size of Home Affordable to Middle Class: 1,250
Median Household Income: $54,000
Median Household Income, Millennial Households Only: $48,000
Number 3: San Diego
Percentage Affordable to Middle Class: 25 percent
Percentage Affordable to Millennials: 18 percent
Percentage Affordable to Middle Class, October 2013: 28 percent
Median Size of Home Affordable to Middle Class: 1,100
Median Household Income: $61,000
Median Household Income, Millennial Households Only: $52,000
Continue to see more of the least-affordable cities for middle-class and millennial home buyers.
Number 4: New York, New York — New Jersey
Percentage Affordable to Middle Class: 25 percent
Percentage Affordable to Millennials: 28 percent
Percentage Affordable to Middle Class, October 2013: 25 percent
Median Size of Home Affordable to Middle Class: 1,050
Median Household Income: $57,000
Median Household Income, Millennial Households Only: $60,000
Number 5: Orange County, California
Percentage Affordable to Middle Class: 26 percent
Percentage Affordable to Millennials: 17 percent
Percentage Affordable to Middle Class, October 2013: 23 percent
Median Size of Home Affordable to Middle Class: 1,100
Median Household Income: $76,000
Median Household Income, Millennial Households Only: $60,000
Number 6: San Jose, California
Percentage Affordable to Middle Class: 30 percent
Percentage Affordable to Millennials: 27 percent
Percentage Affordable to Middle Class, October 2013: 31 percent
Median Size of Home Affordable to Middle Class: 1,200
Median Household Income: $91,000
Median Household Income, Millennial Households Only: $87,000
Continue to see more of the least-affordable cities for middle-class and millennial home buyers.
Number 7: Ventura County, California
Percentage Affordable to Middle Class: 33 percent
Percentage Affordable to Millennials: 20 percent
Percentage Affordable to Middle Class, October 2013: 32 percent
Median Size of Home Affordable to Middle Class: 1,250
Median Household Income: $78,000
Median Household Income, Millennial Households Only: $63,000
Number 8: Honolulu
Percentage Affordable to Middle Class: 38 percent
Percentage Affordable to Millennials: 25 percent
Percentage Affordable to Middle Class, October 2013: 40 percent
Median Size of Home Affordable to Middle Class: 700
Median Household Income: $73,000
Median Household Income, Millennial Households Only: $56,000
Number 9: Austin, Texas
Percentage Affordable to Middle Class: 40 percent
Percentage Affordable to Millennials: 22 percent
Percentage Affordable to Middle Class, October 2013: 50 percent
Median Size of Home Affordable to Middle Class: 1,800
Median Household Income: $62,000
Median Household Income, Millennial Households Only: $47,000
Continue to see more of the least-affordable cities for middle-class and millennial home buyers.
Number 10: Miami
Percentage Affordable to Middle Class: 41 percent
Percentage Affordable to Millennials: 40 percent
Percentage Affordable to Middle Class, October 2013: 51 percent
Median Size of Home Affordable to Middle Class: 1,150
Median Household Income: $41,000
Median Household Income, Millennial Households Only: $40,000
Number 11: Oakland, California
Percentage Affordable to Middle Class: 41 percent
Percentage Affordable to Millennials: 27 percent
Percentage Affordable to Middle Class, October 2013: 42 percent
Median Size of Home Affordable to Middle Class: 1,150
Median Household Income: $76,000
Median Household Income, Millennial Households Only: $61,000
Number 12: Fairfield County, Connecticut
Percentage Affordable to Middle Class: 43 percent
Percentage Affordable to Millennials: 33 percent
Percentage Affordable to Middle Class, October 2013: 36 percent
Median Size of Home Affordable to Middle Class: 1,350
Median Household Income: $81,000
Median Household Income, Millennial Households Only: $66,000
Continue to see more of the least-affordable cities for middle-class and millennial home buyers.
Number 13: Riverside-San Bernardino, California
Percentage Affordable to Middle Class: 44 percent
Percentage Affordable to Millennials: 34 percent
Percentage Affordable to Middle Class, October 2013: 49 percent
Median Size of Home Affordable to Middle Class: 1,400
Median Household Income: $53,000
Median Household Income, Millennial Households Only: $46,000
Number 14: Denver
Percentage Affordable to Middle Class: 45 percent
Percentage Affordable to Millennials: 33 percent
Percentage Affordable to Middle Class, October 2013: 55 percent
Median Size of Home Affordable to Middle Class: 1,400
Median Household Income: $62,000
Median Household Income, Millennial Households Only: $50,000
Here’s Trulia’s data document, featuring information on these cities and many more.
Trulia Data on Affordable Cities 2014
Send your story tips to the author, Michael Roberts.
