None of the Merced area's 10 most common jobs can buy a home in Los Banos
The typical house costs $456,899. At today's 7.32% mortgage rate, buying it takes $133,404 a year.
ESTIMATEHome price and rent for Los Banos, and jobs and tax for the Merced area. How the estimate works
THE MERCED AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $94K
Rent house $104K
Buy $133K
You
Enter your pay above to add your row
Elementary school teachers
$100,120Rent an apt
Substitute teachers, short-term
$60,770Rent over 30%
Heavy and tractor-trailer truck drivers
$55,630Rent over 30%
Teaching assistants
$44,680Rent over 30%
Fast food and counter workers
$38,200Rent over 30%
Stockers and order fillers
$38,080Rent over 30%
Retail salespersons
$37,740Rent over 30%
Farmworkers and laborers, crop, nursery, and greenhouse
$36,350Rent over 30%
Cashiers
$35,340Rent over 30%
Home health and personal care aides
$34,320Rent 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.