None of the Ann Arbor area's 10 most common jobs can buy a home in the city of Ann Arbor
The typical house costs $560,103. At today's 7.32% mortgage rate, buying it takes $175,079 a year.
ESTIMATEHome price and rent for the city of Ann Arbor, and jobs and tax for the Ann Arbor area. How the estimate works
THE ANN ARBOR AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $81K
Rent house $115K
Buy $175K
You
Enter your pay above to add your row
Registered nurses
$103,450Rent an apt
Nursing assistants
$44,570Rent over 30%
Customer service representatives
$39,480Rent over 30%
Teaching assistants, postsecondary
$38,990Rent over 30%
Office clerks, general
$38,350Rent over 30%
Home health and personal care aides
$36,710Rent over 30%
Recreation workers
$35,090Rent over 30%
Retail salespersons
$35,040Rent over 30%
Fast food and counter workers
$33,220Rent over 30%
Cashiers
$32,370Rent over 30%
Each line is the yearly pay where that home fits the rule: rent at 30% of pay or less, and the mortgage, tax, insurance, and HOA at 28% of pay or less.