Appreciation and Growth: Sacramento has seen around an estimated 256% growth in terms of median household value, with large developments planned and in progress in suburbs such as Roseville, Elk Grove, and Folsom.My team and I at Hardin Realty & Property Management specialize in helping investors in the greater Sacramento area.

The average household income is $84K.

With a household count of 250,000 to 300,000 in Memphis, that represents only 0.05% of the overall market (and maybe half of that when looking at single-family detached).To your other point, starting off with a 25% equity position is a decent position to be in with any market downturn. 

Can you imagine how that conversation went in their household?

@Jeff G.If you only look at one meteric, look at Median household income.

Hello BiggerPockets community,
My wife and I have a combined W-2 income of approximately $550K, supplemented by $100K in stock grants annually. The income distribution is roughly 60/40 between us. We’re long-term ren...

So, $60,480 in household income per year.

Like imo if your household income with that guy is like $5400, you have no business being there (literally my other was shot at multiple times).

Then I pay her $35 for any manual labor like cleaning, leaf/yard clean up, painting, any easy household repairs that she is able to do. 

We are starting to see this change as Millennials are moving to the area looking for a better lifestyle.One huge improvement the Wenatchee area has seen is the median household income level which is now at $87,500.