Dossier
30% rule
Coverage of 30% rule in the Nexus archive.
- 11 states where you don't have to spend more than 30% of your income on housing
Realtor.com identified 11 states, primarily in the Midwest, where households earning the median income can afford a median-priced home without spending over 30% of their income. The analysis highlights factors like strong labor markets and lower home prices in these regions, contrasting with challenges like high mortgage rates and inflation affecting affordability elsewhere.