Midwest boasts many places with a high vitality score and relatively low living costs compared to many other parts of the US, the value of one family home in the whole region is very different.
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Gobankingrates have analyzed the extent of home ownership in Midwest in the most vital locations of the home ownership, analyzed the data of Areavibes, US Census, Sperling Best Bureau of Labor Statistics, Zillow and Federal Reserve. Good news in the Middle West and possible Midwesterners players are that each of our ten places has an average household income that significantly exceeds the average annual cost of living.
Here is the full list of the most living cities and the salary needed for home ownership, as well as the average household income and some additional information about each place.
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VIEWS ACCOUNTS: 91
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Remuneration (annual living costs): 47,500 USD
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Average household income: 94 $ 115
About 30 minutes northwest of Detroit by car, Farmington has about 12,000 inhabitants. The average value of a single family house in Pharmington is $ 322,000 and the average mortgage is $ 1,900 a month.
Also find: the cheapest place to buy a house in every state
See more: How much home is $ 300,000, $ 400,000 and $ 500,000, you buy you in every state?
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VIEWS ACCOUNTS: 92
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Remuneration (annual living costs): 46 013 USD
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Average household income: $ 87,767
Rochester is in the southeast of Minnesota, about 90 miles southeast of Minneapolis. The home of the famous Mayo Clinic, the Rochester has a population of about 122,000. The average monthly mortgage here is only $ 2,000 and the average value of one family home is $ 331,000.
Find out more: 20 best cities you can buy a house for less than $ 100,000
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VIEWS ACCOUNTS: 92
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Remuneration (annual living costs): 61 980 USD
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Average household income: $ 152,526
Bexley is one of several suburbs of Columbus, Ohio, to make this list. The average value of one family house, Bexley, is $ 546,000. About 13,500 people live here.
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VIEWS ACCOUNTS: 92
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Remuneration (annual living costs): 47 905 USD
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Average household income: $ 106 $ 603
You will find Ankeny 12 miles north of des Moines. An Ankkeny, with about 70,000 inhabitants, is one of the fastest growing cities of Ajova. The average value of one family house Ankeny is $ 346,000.
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VIEWS ACCOUNTS: 92
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Remuneration (annual living costs): 43 814 USD
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Average household income: $ 86,630