Is San Jose, CA affordable on a $4,375,000 salary?
YES
On $4,375,000/yr, the typical $1,523,615 home in San Jose, CA needs $477,016/yr ($11,130/mo). Your gap: +$3,897,984 — housing would be 3.1% of your gross income.
The math
1,523,615 price − 10% down (152,362) = 1,371,253 loan
30-yr fixed at 7.18% on 1,371,253 = 9,289/mo principal+interest
+ 1,841/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
11,130/mo PITI ÷ 0.28 = 39,751/mo → 477,016/yr required
against Zillow ZHVI 2026-09 and the 7.18% FRED 30-yr rate (2026-11-05).
What salary WOULD clear San Jose, CA?
You need about $477,016/yr for the typical home. On $4,375,000 you already clear it by $3,897,984.