Median home price: $110,000
Median income: $71,300
Affordability score: 90.2%
Name-brand employers offering nice salaries, combined with reasonable home prices make Cincinnati one of the most affordable places to live in the country.
Big retailers
Kroger and
Macy's and consumer goods giant
Procter & Gamble all have headquarters here.
"With all the Fortune 500 companies located here there are quite a lot of high-salaried individuals," said Shaun Bond, a professor of finance and real estate at the University of Cincinnati. "And the Midwest housing market has always been more affordable; there are fewer constraints on growth."
With median income at more than $71,000 a year, workers earn about 10% more than the national median. Meanwhile, median home prices have never exceeded $148,000, according to NAHB.
"We don't have the kind of volatility in income or home prices that cities with more concentrated industries have," said Bond.
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