Fourth place: Warren, Mich.
This is a big, like-new four-bedroom that costs just $280,000.
Median home price: $115,000
Median family income: $79,600
Affordability score: 92.4%
This suburban Detroit area made its name as a developmental center for General Motors. It had a huge percentage of engineers in residence, giving the town a well-educated and well-compensated workforce.
Even today, after the near-demise of the American auto industry, the median family income here is near $80,000. That offsets the slightly higher (but still reasonable) prices for homes.
NEXT: Fifth place: Detroit
Last updated February 23 2011: 3:17 PM ET
