9 of the Detroit area's 10 most common jobs can buy a home in the city of Detroit
The typical house costs $72,689. At today's 7.32% mortgage rate, buying it takes $29,733 a year.
ESTIMATEHome price and rent for the city of Detroit, and jobs and tax for the Detroit area. How the estimate works
THE DETROIT AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $53K
Rent house $59K
Buy $30K
You
Enter your pay above to add your row
General and operations managers
$104,010Can buy
Registered nurses
$97,280Can buy
Miscellaneous assemblers and fabricators
$49,240Can buy
Office clerks, general
$45,810Can buy
Laborers and freight, stock, and material movers, hand
$40,330Can buy
Stockers and order fillers
$36,720Can buy
Retail salespersons
$35,130Can buy
Home health and personal care aides
$35,120Can buy
Cashiers
$30,090Can buy
Fast food and counter workers
$29,590Rent 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.