NO
On $50,000/yr, the typical $341,944 home in Palm Bay, FL needs $105,014/yr ($2,450/mo). Your gap: $-55,014 — housing would be 58.8% of your gross income.
The math
341,944 price − 10% down (34,194) = 307,750 loan
30-yr fixed at 6.95% on 307,750 = 2,037/mo principal+interest
+ 413/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,450/mo PITI ÷ 0.28 = 8,751/mo → 105,014/yr required
against Zillow ZHVI 2026-08 and the 6.95% FRED 30-yr rate (2026-09-17).
What salary WOULD clear Palm Bay, FL?
You need about $105,014/yr for the typical home. That's $55,014 more than $50,000.