Surprise, Surprise, Arlington Homes are Super Expensive…

April 12, 2019

A company called ATTOM Data Solutions just finished its research of housing and wage numbers in almost 500 counties in the United States. The counties that they researched have almost 231 million people. Like other populous cities in the country, the housing in Arlington is not affordable for the average wage earner in the area.

Apparently, the annual wage increase in Arlington is 2.7 percent. The median price of a home in Arlington $612,500 and a median increase in housing prices is 8.4 percent. The housing prices in the area are only expected to get higher as Amazon moves to Arlington and brings with it higher wage earners. It seems though the positive impacts of the new HQ will far outweigh impacts like increasing housing prices. 

Source: https://patch.com/virginia/arlington-va/here-s-how-unaffordable-arlington-homes-really-are