Adapted from a Terner Center report; Map: Axios Visuals
The majority of Floridians become a homeowner by age 42, more than a decade older than when earlier generations achieved the milestone, according to a recent study.
Why it matters: For young people especially, homeownership is increasingly out of reach.
What's happening: Median U.S. home values have nearly doubled in the last decade. Meanwhile, household incomes have only grown by roughly 17.7% during that same period.
Zoom out: Across the U.S., homebuyers are anywhere from two to 17 years older than in 1980. In Florida, they are 12 years older than in 1980.