Which is more expensive: a car or a house?
Posted September 30, 2018 05:13:25 With an annual average house price of $1.3 million, the median income for Americans is nearly $100,000, according to a new report from the National Association of Realtors.
The median car price is about $25,000.
And the median house value is $5,000 higher than the median in 2019, according the report.
Here’s what to know about the median household income.
More from USA TODAY: What’s in a home?
The median house price has risen by more than $100 million in just two years.
Here are some of the things you need to know: Where to live: The median household size has risen from a low of 1,638 in 2007 to 2,624 today, the National Assn.
of Realty reported.
That is a 2.4 percent increase since 2007.
Average annual household income has also increased by about $2,000 since 2007, the report found.
Home prices are still below their pre-recession levels in most states, but they have been rising.
More: Read the NAR report.