(Photo: Kindel Media/Pexels) Money by Sidnee Michelle Americans Still Need Nearly $110K To Afford The Typical Home Typical households still earn about $22,200 less than what is needed. Americans still need to earn nearly $110,000 a year to comfortably afford the typical home for sale, highlighting the persistent affordability challenges facing prospective buyers despite modest improvements in the housing market, USA Today reports. Even with rising incomes, the typical household still earns about $22,200 less than what is needed to comfortably purchase a median-priced home. However, affordability remains well below pre-2022 levels, when more than half of homes on the market were within reach of the typical household. San Francisco remained the nation’s least affordable major metro area, where buyers would need an annual income of $453,205 to afford the typical home.