None of the Washington area's 10 most common jobs can buy a home in Catharpin
The typical house costs $1,083,225. At today's 7.32% mortgage rate, buying it takes $295,579 a year.
ESTIMATEHome price for Catharpin. Rent, jobs, and tax for the Washington area. How the estimate works
THE WASHINGTON AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $96K
Rent house $128K
Buy $296K
You
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Lawyers
$195,190Rent a house
General and operations managers
$156,460Rent a house
Software developers
$154,930Rent a house
Management analysts
$126,830Rent an apt
Business operations specialists, all other
$104,770Rent an apt
Home health and personal care aides
$38,530Rent over 30%
Janitors and cleaners
$37,840Rent over 30%
Retail salespersons
$36,610Rent over 30%
Cashiers
$35,470Rent over 30%
Fast food and counter workers
$34,600Rent 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.