How much the typical home cost in your state in 1950

Suburban development in the United States exploded following World War II, with suburban populations almost doubling from 1950 to 1970. 

Orchard analyzed U.S. Census Bureau data to find the 1950 median home values for every state plus Washington D.C. States are ranked in order of median home price, from lowest to highest. Also included for comparison is the median home value for each state and D.C. from 2019 (the most recent census data available).

The household median income in the U.S. in 1950 was $2,990 — roughly 40% of the median home value of $7,354 at the time, according to census data. By 2010, household median income was $49,445 — or 22% of the $221,800 median home value. The median income in 2021 hovers around the same percentage of median home costs.

Keep in mind that other changes to American life spurred homeownership expansion during this time: Pent-up demand for housing encouraged the construction of new homes, while the growth of the national highway system eased commutes and allowed people to live further from cities. Housing finance reforms under the New Deal and funds from the G.I. Bill made buying a home suddenly attainable for huge swaths of Americans, although the former reinforced racial segregation while the latter left out many Black veterans who served in World War II.

Keep reading to discover the median home cost in your state in 1950 — and scroll to the bottom for more information on the methodology. Content Exchange

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