Teachers are struggling to buy homes — here’s where to turn for help

US teachers can barely afford homes near where they teach.

The average teacher can afford just 12% of homes for sale within 20 minutes of driving distance from their schools in 2023, a recent Redfin analysis found. That’s down from 17% last summer and 30% in 2019. A listing is considered affordable if the monthly mortgage payment is no more than 30% of the teacher’s median salary in that area, assuming a 10% down payment.

As a result, government and private programs are offering ways to help teachers buy homes to help alleviate the teacher shortage crisis across the country.

"Whether there are down payment assistance programs or really low down payment programs specifically for teachers, we need to have specific programs to combat this issue," Chen Zhao, Redfin's economics research lead, wrote to Yahoo Finance, "similar to the way we have programs for groups like veterans."

Please help put parents in charge of their child’s education by forwarding this article to other parents, family, friends and voters.
Beautiful modern brick home by Dillon Kydd is licensed under Unsplash unsplash.com

Other Articles

School spirit days are great for students — even if they stress parents out
Many of us remember the school spirit days of simpler times: Pajama Day, Wacky Wednesday, Superhero Day, or Ugly Sweater Day.
Read More
California Must Stop Discriminating Against Religious Schools to Serve Special Needs Students
Given the Supreme Court’s recent rulings, California’s rule excluding religious schools from becoming state-certified special-needs schools seems patently unconstitutional.
Read More
Tens of thousands of educators threaten strikes across the US
Tens of thousands of teachers and school workers in districts from coast-to-coast are demanding strike action over the deepening assault on public education as funds are drained from social programs to pay for war.
Read More
Teacher Breaks Down Monthly Paycheck Minus Expenses, Internet Is Shocked
A grade school teacher on TikTok breaks down her paycheck minus monthly expenses. The results have us reeling over teacher salaries.
Read More
Education leaders foster statewide ethnic studies programs
State Superintendent of Public Instruction Tony Thurmond hosted a webinar featuring a variety of inspirational speakers who discussed the importance and journey of ethnic studies in California.
Read More
California students among nation’s worst for math and language
State is falling short in some very important indices of societal achievement, such as public education
Read More
Fresno Unified teachers very likely to strike. Here are the issues
The state’s third-largest school district, Fresno Unified, and its teachers union have tried since November to agree on a contract that invests in teachers.
Read More

Get latest news delivered daily!

We will send you breaking news right to your inbox

© 2025 educationopportunity.org, Privacy Policy | FPPC #1460602