Homeownership continues to be a mirage for many Americans, as high real estate prices and mortgage rates have proven challenging for first-time buyers.
The average household [in West Virginia] retains 76.6 percent of their take-home pay, which translates to a substantial $47,500 left over after expenses.
West Virginia also has the lowest take-home salary in the U.S., 27.4 percent below the national average.
Homeowners in the Mountain State spend $2,458 on maintenance, $888 on property taxes, and $11,160 on annual mortgage, for a total of $14,506, which is 53 percent below the national average.
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