14% of Californians could afford a median-priced house in August 2005

86% of Californians would not be able to afford a median-priced house. National Association of Realtors reported the median price for a house in California at $568,890 in August 2005. A family would have to have a combined income of $133,800 a year to afford such media price, which leaves out 86% of Californians.