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flag Median income for new U.S. homebuyers hit $114,000 in 2023, highlighting rising housing costs.

flag U.S. Census Bureau data analyzed by NBC News shows the median income for new homebuyers surpassed $110,000 in 2023, increasing to $114,000 for those under 40. flag This trend suggests rising housing costs are making homeownership harder, even for those with six-figure incomes. flag Experts warn this could fuel inflation as prices rise, and more people are pushed into renting, altering neighborhood demographics.

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