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Numbers Speak - No Label Business Magazine

Salaries and housing prices differ from state to state. Just out of curiosity, No Label Business Magazine has made its research by creating a scenario “how long one has to work in order buy a house at his/her state of residence, if the salaries were solely spent on buying a house.” With that said, all other spending like food, utilities, rent, and anything that is usually bought on daily bases are excluded from this scenario. For this research, NLBM combined the average salary and average housing prices data from Bureau of Labor Statistics and Trulia to give you average years needed from a person in order to buy a house. Here’s how each state statistics looked like.

Alabama

Photo Credit: Mike Knell

Alaska

Photo Credit: Wonderlane

Arizona

Photo Credit: Rahul Pisharody

Arkansas

Photo Credit: Doug Wertman

California

Photo Credit: Dennis Jarvis

Colorado

Photo Credit: Jeff Turner

Connecticut

Photo Credit: Onasill ~ Bill Badzo

Delaware

Photo Credit: Jeffrey

Florida

Photo Credit: Jeffrey DuBois

Georgia

Photo Credit: Wikipedia

Hawaii

Photo Credit: Edmund Garman

Idaho

Photo Credit: Billy Gast

Illinois

Photo Credit: Bert Kaufmann

Indiana

Photo Credit: Cindy Cornett Seigle

Iowa

Photo Credit: TumblingRun

Kansas

Photo Credit: Lane Pearman

Kentucky

Photo Credit: Ken Lund

Louisiana

Photo Credit: Karan Jain

Maine

Photo Credit: Spencer Means

Maryland

Photo Credit: Mike Boswell

Massachusetts

Photo Credit: Massachusetts Office of Travel & Tourism

Michigan

Photo Credit: John Levanen

Minnesota

Photo Credit: Sharon Mollerus

Mississippi

Photo Credit: Barry Gilfry

Missouri

Photo Credit: Paul Sableman

Montana

Photo Credit: Spend A Day Touring, LLC

Nebraska

Photo Credit: Steve Cornelius

Nevada

Photo Credit: Mike Linksvayer

New_Hempshire

Photo Credit: Dennis Jarvis

New_Jersey

Photo Credit: Doug Kerr

New_Mexico

Photo Credit: Ken Lund

New_York

Photo Credit: Doug Kerr

North_Carolina

Photo Credit: Andrew Gould

North_Dakota

Photo Credit: minnemom

Ohio

Photo Credit: Don O’Brien

Oklahoma

Photo Credit: Tim Femal

Oregon

Photo Credit: Liz West

Pennsylvania

Photo Credit: Doug Kerr

Rhode_Island

Photo Credit: Doug Kerr

South_Carolina

Photo Credit: Ken Lund

South_Dakota

Photo Credit: Jeffrey Beall

Tennessee

Photo Credit: Civil War Trust

Texas

Photo Credit: Mobilus In Mobili

Utah

Photo Credit: Seth Waite

Vermont

Photo Credit: jerseygal2009

Virginia

Photo Credit: Donnie Nunley

Washington

Photo Credit: Eric Frommer

Washington_DC

Photo Credit: Wikipedia

West_Virginia

Photo Credit: Doug Kerr

Wisconsin

Photo Credit: Randen Pederson

Wyoming

Photo Credit: Paul Mannix

 

Images represent their true states, however for display reasons only.

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