None of the Daphne area's 10 most common jobs can buy a home in Fairhope
The typical house costs $471,453. At today's 7.32% mortgage rate, buying it takes $129,120 a year.
ESTIMATEHome price and rent for Fairhope, and jobs and tax for the Daphne area. How the estimate works
THE DAPHNE AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $71K
Rent house $87K
Buy $129K
You
Enter your pay above to add your row
General and operations managers
$100,260Rent a house
Registered nurses
$79,450Rent an apt
First-line supervisors of retail sales workers
$44,890Rent over 30%
Secretaries and administrative assistants
$39,560Rent over 30%
Stockers and order fillers
$34,770Rent over 30%
Cooks, restaurant
$33,850Rent over 30%
Retail salespersons
$29,600Rent over 30%
Cashiers
$28,380Rent over 30%
Waiters and waitresses
$27,080Rent over 30%
Fast food and counter workers
$23,000Rent 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.