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Years needed to save for 10 percent down payment in selected U.S. markets 2018

Published by Statista Research Department, Jan 25, 2021
This statistic shows the number of years needed to save for a 10 percent down payment in selected markets in the United States in 2018. Los Angeles, California was the least affordable market for home buyers in the U.S., as it would take 21 years for someone earning the median income to afford a 10 percent down payment for a median-priced home there.

Number of years needed to save for a 10 percent down payment in selected markets in the United States in 2018

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Release date

June 2019

Region

United States

Survey time period

2017 to 2018

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Topics

U.S. home buying processU.S. housing marketMillennials homeownership in the U.S.Rental market in the U.S.Affordable housing in the U.S.
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