2 of the Huntsville area's 10 most common jobs can buy a home in Madison
The typical house costs $380,659. At today's 7.32% mortgage rate, buying it takes $107,593 a year.
ESTIMATEHome price and rent for Madison, and jobs and tax for the Huntsville area. How the estimate works
THE HUNTSVILLE AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $56K
Rent house $72K
Buy $108K
You
Enter your pay above to add your row
Aerospace engineers
$131,090Can buy
Software developers
$128,080Can buy
Registered nurses
$77,090Rent a house
Miscellaneous assemblers and fabricators
$46,390Rent over 30%
Secretaries and administrative assistants
$46,090Rent over 30%
Laborers and freight, stock, and material movers, hand
$39,500Rent over 30%
Stockers and order fillers
$34,620Rent over 30%
Retail salespersons
$33,120Rent over 30%
Cashiers
$29,860Rent over 30%
Fast food and counter workers
$27,180Rent 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.