Only 1 of the Hammond area's 10 most common jobs can buy a home in Loranger
The typical house costs $250,909. At today's 7.32% mortgage rate, buying it takes $81,246 a year.
ESTIMATEHome price for Loranger. Rent, jobs, and tax for the Hammond area. How the estimate works
THE HAMMOND AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $53K
Rent house $66K
Buy $81K
You
Enter your pay above to add your row
General and operations managers
$87,990Can buy
Registered nurses
$76,200Rent a house
Stockers and order fillers
$35,570Rent over 30%
Laborers and freight, stock, and material movers, hand
$35,480Rent over 30%
Retail salespersons
$28,570Rent over 30%
Cashiers
$25,500Rent over 30%
Food preparation workers
$22,740Rent over 30%
Fast food and counter workers
$22,350Rent over 30%
Home health and personal care aides
$21,980Rent over 30%
Waiters and waitresses
$15,080Rent 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.