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
Should Voters Decide What Schools Teach?
Californians may vote to require a new high school finance course. Critics argue it sets a bad precedent.
Read More
The Future is STEM — But Without Enough Students, the U.S. Will Be Left Behind
Schneider: America has a supply chain problem that starts in elementary school. With the NEED Act, Congress has a chance to help turn this around.
Read More
Teachers Have Too Many Extra Responsibilities to Be Effective. Some Ways to Help
Easing the pressure, raising pay and tending to teachers' mental health can bring joy back to the classroom — and the career path.
Read More
Itching To Vote® Caleb Crump's Interview with Mayor Kevin McNamee about Education Opportunity Fund
This video is Caleb Crump conducting an interview with Mayor Kevin McNamee of Thousand Oaks, California at the 2023 California GOP Convention.
Read More
Heat rules for California workers would also help keep schoolchildren cool
Proposed state standards to protect indoor workers from extreme heat would extend to schools. The rules come as climate change is bringing more frequent and intense heat waves, causing schools nationwide to cancel instruction.
Read More
California schools are failing families
Prioritizing school vouchers, not LGBTQ initiatives, could help students in the Golden State
Read More
Call for Substitute Teachers Issued in California
Schools throughout California are struggling with teacher shortages. In an effort to help, Swing Education has launched a campaign to recruit substitute teachers so that schools will have enough staff to fill in for teacher vacancies.
Read More

Get latest news delivered daily!

We will send you breaking news right to your inbox

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