Economists' Outlook

Housing stats and analysis from NAR's research experts.

Median Household Income of Home Buyers

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  • The typical household income in 2009 of recent home buyers was $72,200.
  • The household income of first-time home buyers has changed over time. From 2002 to 2008 household income steadily rose from $54,800 to $61,600. In 2009, the household income of first-time buyers decreased slightly to $59,900.
  • Repeat buyers household income increased steadily on an annual basis from $74,600 in 2003 to a high of $88,200 in 2007. In 2009, the annual household income was $87,000 of repeat buyers.
  • For more information on the Profile of Home Buyers and Sellers go to: http://realtors.org/research/research/home_buyers_sellers_maps
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