Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

10 of 10
BACKNEXT
Nassau/Suffolk, N.Y.
Nassau/Suffolk, N.Y.
$848,888 is the price for this lovely three-bed, two-and-a-half bath in beautiful Great Neck, one of the inner-ring suburbs of New York City.
Median home price: $380,000
Median income: $101,800
Affordability score: 39.6% -- 5th worst

These counties on Long Island are called "bedroom communities" because many of the people who live there commute to Manhattan. But the area has always had its share of companies and many people now both live and work on Long Island.

There are a lot of good-paying jobs in financial services and health care. The area median income of $101,800 trails only two other metro areas in the NAHB report. Those salaries take some of the sting out of paying the high home prices there.



More galleries
Last updated November 25 2009: 10:08 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Source: National Association of Homebuilders/Wells Fargo Housing Opportunity Index for the third quarter of 2009.
The NAHB judges a home to be affordable if a family making the metro area's median income could devote no more than 28% of their take-home pay toward housing costs.
More Galleries
Google's logos through the years Google changed its logo for the fifth time in 17 years this week. Here's what the old ones looked like. More
How much you should have saved for retirement right now Joe is 50 years old and makes $70,000 a year. He should already have $364,000 saved for retirement. Are you on track? More
The stock market's wild week in 6 pictures It was the wildest week in stocks in recent memory. Here's photos and CNNMoney's tweets of reactions to the panicked selling on Monday and Tuesday, which gave way to a mad buying scramble on Wednesday and Thursday. And then...a selloff on Friday again. More

Special Offer