Using fresh data from mortgage finance company HSH.com, the Puget Sound Business Journal reports that, yes, the tech boom is driving up the cost of housing. Seattle's median home price is now $352,400, seventh highest in the country. If you want to buy one in Seattle, you need to be pulling down $71,702 a year, according to HSH.com. That's nearly twice the national average for salary needed to afford a home. Silver lining: Seattle is still a lot cheaper than San Francisco where the median home price is $748,300 and aspirants need to earn $141,416 a year to nab one.
Don't make $72K? No home for you in Seattle
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By Mary Bruno
Mary was Crosscut's Editor-in-Chief and Interim Publisher. In more than 25 years as a journalist, she has worked as a writer, editor and editorial director for a variety of print and web publications,
Mary was Crosscut's Editor-in-Chief and Interim Publisher. In more than 25 years as a journalist, she has worked as a writer, editor and editorial director for a variety of print and web publications,