According to The Kobeissi Letter, the annual income required to afford an average home in the US has reached an all-time high of $124,200, significantly outpacing the median US household income of $79,200. This creates a substantial affordability gap of $45,000, highlighting the growing challenge for potential homeowners.

According to The Kobeissi Letter, the annual income required to afford an average home in the US has reached an all-time high of $124,200, significantly outpacing the median US household income of $79,200. This creates a substantial affordability gap of $45,000, highlighting the growing challenge for potential homeowners.