A middle-class income ranges all the way from two-thirds to twice the median income, which means that homes are affordable for some middle-class Americans but not others. A recent Zoocasa report analyzed housing affordability in 100 major cities and found that lower-middle-class earners cannot afford a median-priced home in any of the cities, while upper-middle-class buyers can afford a median-priced home in 85 cities. That means that in 15 major cities, even upper-middle-class Americans can’t afford to buy a median-priced home.
Find Out: What Is the Estimated Median Income for the Upper-Middle Class in 2025?
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