Only 1 of the Indianapolis area's 10 most common jobs can buy a home in the city of Indianapolis
The typical house costs $231,403. At today's 7.32% mortgage rate, buying it takes $69,472 a year.
ESTIMATEHome price and rent for the city of Indianapolis, and jobs and tax for the Indianapolis area. How the estimate works
THE INDIANAPOLIS AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $55K
Rent house $68K
Buy $69K
You
Enter your pay above to add your row
Registered nurses
$84,230Can buy
Heavy and tractor-trailer truck drivers
$61,980Rent an apt
Office clerks, general
$45,930Rent over 30%
Laborers and freight, stock, and material movers, hand
$44,180Rent over 30%
Customer service representatives
$43,460Rent over 30%
Stockers and order fillers
$37,120Rent over 30%
Home health and personal care aides
$35,060Rent over 30%
Retail salespersons
$31,530Rent over 30%
Cashiers
$29,890Rent over 30%
Fast food and counter workers
$29,040Rent 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.