Only 1 of Austin's 10 most common jobs can buy a home
The typical house costs $421,084. At today's 7.32% mortgage rate, buying it takes $132,116 a year.
FROM THE AUSTIN EPISODEThese numbers come from the Austin episode. Area: Whole metro.
AUSTIN'S 10 MOST COMMON JOBS, BY MEDIAN PAY
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- Software developers$134,120Can buy
- General and operations managers$117,850Rent a house
- Project management specialists$102,390Rent a house
- Registered nurses$97,890Rent a house
- Customer service representatives$43,720Rent over 30%
- Stockers and order fillers$37,720Rent over 30%
- Cashiers$33,940Rent over 30%
- Retail salespersons$33,860Rent over 30%
- Fast food and counter workers$29,310Rent over 30%
- Waiters and waitresses$27,260Rent 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.
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