11 states where housing costs are below 30% of median income

Eleven U.S. states have housing costs that fall below the 30% of median income benchmark, according to data from Realtor.com. This affordability means that households earning the median income in these states can afford a typical home without exceeding the recommended housing cost threshold. Midwestern states are particularly well-represented on this list, highlighting a regional trend towards greater housing accessibility. Among the states identified are Minnesota, Maryland, and Missouri, which offer a more favorable housing market compared to many other parts of the country. The data suggests that a substantial number of American households can manage homeownership expenses without facing significant financial strain, potentially leading to increased disposable income and economic stability in these areas.