A STRETCH
On $75,000/yr, the typical $249,666 home in Lansing, MI needs $76,674/yr ($1,789/mo). Your gap: $-1,674 — housing would be 28.6% of your gross income.
The math
249,666 price − 10% down (24,967) = 224,699 loan
30-yr fixed at 6.95% on 224,699 = 1,487/mo principal+interest
+ 302/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
1,789/mo PITI ÷ 0.28 = 6,390/mo → 76,674/yr required
against Zillow ZHVI 2026-08 and the 6.95% FRED 30-yr rate (2026-09-17).
What salary WOULD clear Lansing, MI?
You need about $76,674/yr for the typical home. That's $1,674 more than $75,000.