Where homes are affordable

Residents who buy real estate in these 25 towns see their incomes go the furthest.

Harper Woods, Michigan
Harper Woods Public Library
25. Harper Woods, Michigan
Median family income: $63,770
Median home price (2006): $110,486

This small city split off from a larger township 55 years ago and has made its identity, as the name implies, as a rural counterpart to its more industrialized neighbors in the Detroit area. Co-ops and condos might be the biggest bargain in town, with most starting around $40,000. Single-family homes are available as well for under $100,000 where even the high end doesn't get much higher than $200,000.

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Harper Woods
Source: OnBoard
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.