Markets & Economy

San Francisco homebuyers need to make at least $153,000 annually

Buyers that put down 10 percent must earn $32,000 more than those able to deposit 20 percent
Published on Feb 2, 2016
  • A 20 percent deposit on an average-priced SF home is nearly $225,000.
  • Despite high home prices, buying is still perceive as a cheaper option than renting in San Francisco.
  • Rents are predicted to outpace home price appreciation this year.

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by CareyBot

Whether you're using median or average home price data, the salary required to purchase a San Francisco residence is between $153,000 and nearly $181,000. This salary range assumes you're able to put down 20 percent deposit. Drop this deposit to 10 percent and you can bump the salary requirements up by $32, ...

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