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U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Affordable housing and Homelessness in the San Francisco Bay Area represents an ongoing part of public discourse, especially as the Bay Area population has increased to house about 20% of the State of California's population – the regional population is expected to increase from 7.2 million to 9.3 million by 2040. [65]
States with median gross rents higher than the United States average are in dark green. The 20-story John F. Hylan Houses in the Bushwick neighborhood of Brooklyn, New York City. In the United States, subsidized housing is administered by federal, state and local agencies to provide subsidized rental assistance for low-income households.
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To identify cities in the U.S. that have plenty of jobs and cheap housing, GOBankingRates gathered information on the 200 biggest housing markets in the U.S., according to Zillow.
[80] [81] [82] In the rental market, California now has the lowest vacancy rate the state has ever seen, at 3.6%; [83] and while the median rent throughout the state for a two-bedroom apartment is $2,400, the median rent in coastal urban areas is even higher, surpassing $4,000 per month in San Francisco.
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This list of U.S. states and territories by poverty rate covers the 50 U.S. states, the District of Columbia, and the territory of Puerto Rico and their populations' poverty rate. The four other inhabited U.S. territories ( American Samoa , Guam , the Northern Mariana Islands , and the U.S. Virgin Islands ) are listed separately.