None of the Miami area's 10 most common jobs can buy a home in Gulf Stream
The typical house costs $5,555,820. At today's 7.32% mortgage rate, buying it takes $1,654,699 a year.
ESTIMATEHome price for Gulf Stream. Rent, jobs, and tax for the Miami area. How the estimate works
THE MIAMI AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $106K
Rent house $137K
Buy $1.7M
You
Enter your pay above to add your row
General and operations managers
$105,640Rent over 30%
Registered nurses
$91,380Rent over 30%
Office clerks, general
$44,730Rent over 30%
Customer service representatives
$39,560Rent over 30%
Laborers and freight, stock, and material movers, hand
$38,580Rent over 30%
Stockers and order fillers
$36,110Rent over 30%
Waiters and waitresses
$36,070Rent over 30%
Retail salespersons
$34,330Rent over 30%
Cashiers
$30,250Rent over 30%
Fast food and counter workers
$29,600Rent 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.