Housing Affordability · United States

Most affordable US states — price-to-income ratio

The price-to-income ratio divides median home value by median household income. A lower ratio means more affordable. West Virginia leads with 2.7×, meaning a typical home costs 2.7 years of household income. Data: ACS 5-Year 2024.

Top 10 — Most Affordable

All states ranked by price-to-income ratio

State Ratio Median Price Median Income
1 West Virginia 2.7× $162,600 $59,608 2 Iowa 2.8× $208,000 $75,059 3 Kansas 2.9× $217,200 $74,275 4 Indiana $218,200 $71,957 5 Mississippi $169,800 $56,447 6 Ohio $214,800 $71,389 7 Nebraska 3.1× $238,600 $76,475 8 Oklahoma 3.1× $199,800 $65,039 9 Arkansas 3.1× $188,000 $60,773 10 Illinois 3.2× $263,300 $83,390

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