Cincinnati Is an Affordable U.S. City for Owning a Home

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According to Next City, Cincinnati, Ohio is a very affordable place to own a home. It ranked #4 for the lowest salary needed to afford a home. A median priced home of $138,100 requires a salary of $33,300.

What city ranked at the top of the list as the most affordable? Pittsburgh.

What city was ranked the most expensive? San Francisco. A median home price of $742,900 requires a salary of $142,450.

See the rankings here.

Look at homes on the market here.

Cincinnati, Ohio Ranked Among the Top 5 Affordable Cities to Buy a Home

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Cincinnati, Ohio has been ranked among the top 5 Ohio Affordable Cities to Buy a Home.

Factors included: median home prices, home insurance premiums, property tax rates as well as growing job markets and available leisure activities.

Cincinnati’s stats:

  • $96,100 – Median home price
  • $2,362 – Average property tax
  • $702 – Average home insurance premium
  • Home to 10 Fortune 500 companies
  • Lots of activities to do: Cincinnati Zoo, Dan Beard 5-Mile Riverwalk Trail and numerous museums and parks

Other cities that made the list:

  • St. Louis, Missouri
  • Winston-Salem, North Carolina
  • Tucson, Arizona
  • Richmond, Virginia

See the article here.