A recent housing study by HireAHelper highlights the growing challenge of homeownership in Washington state, with Bellevue emerging as one of the hardest-hit areas.
By 2030, the median home price in Washington is projected to reach nearly $900,000, making it the fifth most expensive state for homebuyers. To afford a home at that price, a household would need to earn approximately $186,600 per year—a 79% increase from current income levels.
These projections place Washington among the 10 least-affordable states for future homeownership. HireAHelper ranked Washington 10th nationally for the income increase needed to buy a home by 2030, behind only states like Montana, California, and New York, where projected income gaps range from 80% to 140%…