Top 10 US counties where prospective buyers need to earn the most to afford a home—80% are in California

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The highest wages needed to afford a home are all in New York and California.

Thomas Winz | The Image Bank | Getty ImagesSan Mateo County is in the middle of a continuous urban area stretching from San Jose in the south to San Francisco County in the north, according to theSan Mateo is one of nine counties that significantly contribute to the economy of the San Francisco Bay Area.

In May 2023, San Mateo County home prices were down 8.2% compared to last year, selling for a median price of $1.6 million, according to

 

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