Friday, December 10, 2004

In the Philadelphia metropolitan area, median household income in 2004 is $68,800. In the San Diego metropolitan area, it is $63,400. Roughly similar, although Philadelphia is 7% higher.

Here's what $1 million will buy you in Philadelphia: a 12,800 sq. foot 17-room Victorian mansion on a half-acre lot.



Here's what $1 million will buy you in San Diego: a 3700 sq. foot 7-room contemporary house with stucco siding.



Suuuuuure there's no California housing bubble.

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