In the local housing market, a significant income is required to purchase a home. The amount needed is around $110,000 per year. This figure has decreased slightly from the previous year's high.

Household income has risen, which has helped to reduce the gap between income and housing costs. However, there is still a notable difference between the average household income and the income required to buy a home. Further information on housing affordability can be found in a report from Redfin, which provides details on the current state of the housing market and what it means for potential homebuyers in the area.