Based on a study by the Center for Responsible Lending, it would take borrowers up to 14 years to save 20 percent down based on national median income of $ 50K and a home price of $ 172K. (realtormag.realtor.org)
But Maine's median income of $ 50,826 is lower than the national median income of $ 59,039, according to the Census Bureau. (gobankingrates.com)
The typical Massachusetts household earns $ 70,628 a year, far more than the $ 55,775 national median income. (usatoday.com)