Study Finds Michigan Is The Fourth Most Affordable State To Live
Imagine that, a state with true beauty around every corner is the fourth most affordable state to live in, this coming from Refiguide.org.
Despite the COVID-19 pandemic, more people are buying homes in the current market, with record-low mortgage rates, plus people have been spending more time at home during these times. The study suggests that a trend of offices closing and employees working from home may cause those employees to move around to new locations more often.
The Top 5 Most Affordable States To Live
We can't forget the least affordable states to live in, right?
The Top 5 Least Affordable States To Live
- District of Columbia
In Michigan, a study had found that the national median household income had covered 37.6% of the cost of buying a home. This income data came from the 2018 Us Census, and housing data from Zillow's June 30, 2020 market estimates.