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Study: Hopeful homebuyers need income of nearly $117,000 to afford typical home in U.S.
(www.bankrate.com)
this post was submitted on 25 Apr 2025
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my mistake. my states is like twice that and the region I am around near the city is higher. Did not realize the federal was still so low.
Federal minimum wage was last raised to $7.25 per hour effective July 24, 2009.
It's a good thing that was definitely a livable wage in 2009 and that there hasn't been any inflation since then.