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Only 1 of the Memphis area's 10 most common jobs can buy a home in Hernando

The typical house costs $347,630. At today's 7.32% mortgage rate, buying it takes $101,688 a year.

ESTIMATEHome price and rent for Hernando, and jobs and tax for the Memphis area. How the estimate works

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THE MEMPHIS AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY

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  1. General and operations managers
    $102,510Can buy
  2. Registered nurses
    $81,500Rent over 30%
  3. Heavy and tractor-trailer truck drivers
    $63,070Rent over 30%
  4. Customer service representatives
    $44,090Rent over 30%
  5. Laborers and freight, stock, and material movers, hand
    $39,510Rent over 30%
  6. Office clerks, general
    $38,610Rent over 30%
  7. Stockers and order fillers
    $37,280Rent over 30%
  8. Retail salespersons
    $32,580Rent over 30%
  9. Cashiers
    $29,160Rent over 30%
  10. Fast food and counter workers
    $27,490Rent 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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