None of the Knoxville area's 10 most common jobs can buy a home in Loudon
The typical house costs $501,008. At today's 7.32% mortgage rate, buying it takes $135,532 a year.
ESTIMATEHome price and rent for Loudon, and jobs and tax for the Knoxville area. How the estimate works
THE KNOXVILLE AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $83K
Rent house $99K
Buy $136K
You
Enter your pay above to add your row
General and operations managers
$104,590Rent a house
Registered nurses
$77,240Rent over 30%
Heavy and tractor-trailer truck drivers
$59,100Rent over 30%
Laborers and freight, stock, and material movers, hand
$37,400Rent over 30%
Stockers and order fillers
$35,410Rent over 30%
Janitors and cleaners
$31,200Rent over 30%
Retail salespersons
$31,150Rent over 30%
Cashiers
$29,110Rent over 30%
Waiters and waitresses
$28,100Rent over 30%
Fast food and counter workers
$27,720Rent 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.