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re: Salary of $115,627 needed in order to qualify for a mortgage on a typical American home
Posted on 10/19/23 at 9:38 am to BluegrassBelle
Posted on 10/19/23 at 9:38 am to BluegrassBelle
quote:
Again, median household income in Kentucky is $55k. Not individual but household.
How are those people saving up a $40k down payment?
I would guess some of those are renting. Median household income among homeowners would likely be higher than $55k.
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