The typical household income in 2009 of recent home buyers was $72,200.
The household income of first-time home buyers has changed over time. From 2002 to 2008 household income steadily rose from $54,800 to $61,600. In 2009, the household income of first-time buyers decreased slightly to $59,900.
Repeat buyers household income increased steadily on an annual basis from $74,600 in 2003 to a high of $88,200 in 2007. In 2009, the annual household income was $87,000 of repeat buyers.
Jessica Lautz is the Director of Survey Research and Communications. Jessica analyzes data and writes annual studies such as the Member Profile, the Profile of Home Buyers and Sellers, and the Commercial Member Profile.