The average household would need to save for 36 years to afford a typical home in LA. Here's how 50 US markets compare.

04/28/2024, 10:50 AM
businessinsider.com

The average household would need to save for 36 years to afford a typical home in LA. Here's how 50 US markets compare.

John M Lund Photography Inc/Getty Images

It would take 12 years for a median-income household to save up the nearly $128,000 down payment needed to comfortably afford a typical US home costing $360,000, Zillow estimates in an analysis that lays bare the affordability crisis.

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