This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

To buy a house in (insert city here), you need to earn… (Chart)

For 27 cities around the United States including New York, the chart in this article tells how much someone needs to earn in order to buy a median priced house.

This article originally appeared at the website of New York commercial and residential title insurance providerHallmark Abstract Service here.

Learn more about what title insurance is and what it does in the article Title Insurance 101 here.

How much do you need to earn in order to buy a home in 27 cities around the United States?

Find out what's happening in Syossetwith free, real-time updates from Patch.

Here are some examples given interest rates, median home prices, taxes and insurance.

If the chart fails to format correctly it can be viewed here.

Find out what's happening in Syossetwith free, real-time updates from Patch.

Cities30-Year Fixed Mortgage Rate% Change from 4Q13Median Home Price% Change from 4Q13Monthly Payment (PITI)Salary NeededCleveland4.50%0.06$102,100-9.49$695.07$29,788.67Pittsburgh4.36%0.04$120,000-6.69$704.15$30,177.78St. Louis4.40%-0.01$120,500-7.52$729.76$31,275.49Cincinnati4.53%0.08$121,700-5.44$743.17$31,850.18Detroit4.59%0.10$110,750-9.72$752.51$32,250.30Atlanta4.44%-0.03$141,900-0.35$797.61$34,183.44Tampa4.54%0.04$145,0001.83$850.21$36,437.56Phoenix4.48%0.07$194,3000.83$963.87$41,308.74Orlando4.47%-0.01$178,0007.36$1,009.03$43,243.95San Antonio4.62%0.13$169,300-1.40$1,038.47$44,506.00Minneapolis4.52%0.02$188,200-4.52$1,067.09$45,732.39Dallas4.48%0.02$174,8000.52$1,113.20$47,708.77Houston4.49%0.02$184,6001.26$1,144.19$49,036.60Philadelphia4.52%0.09$201,800-5.83$1,179.41$50,546.25Chicago4.52%0.02$176,900-5.45$1,233.56$52,866.88Baltimore4.44%0.07$224,500-7.12$1,238.50$53,078.51Sacramento4.55%0.02$255.8002.17$1,355.99$58,113.87Miami4.53%0.06$259,0001.61$1,393.80$59,734.23Denver4.53%0.04$288,4003.26$1,397.49$59,892.46Portland4.57%0.06$271,9001.64$1,407.18$60,307.71Seattle4.59%0.07$339,900-1.31$1,723.19$73,851.06Washington D.C.4.45%0.07$358,900-2.47$1,831.75$78,503.56Boston4.47%0.06$363,200-2.18$1,862.47$79,820.01Los Angeles4.52%0.06$406,200-3.99$2,005.85$85,964.88New York City4.53%0.05$388,9000.67$2,095.07$89,788.69San Diego4.56%0.03$483,0001.30$2,299.13$98,534.22San Francisco4.39%0.00$679,800-0.38$3,199.69$137,129.55

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?