4 of the Washington area's 10 most common jobs can buy a home in Madison
The typical house costs $393,329. At today's 7.32% mortgage rate, buying it takes $110,057 a year.
ESTIMATEHome price for Madison. Rent, jobs, and tax for the Washington area. How the estimate works
THE WASHINGTON AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $96K
Rent house $128K
Buy $110K
You
Enter your pay above to add your row
Lawyers
$195,190Can buy
General and operations managers
$156,460Can buy
Software developers
$154,930Can buy
Management analysts
$126,830Can buy
Business operations specialists, all other
$104,770Rent an apt
Home health and personal care aides
$38,530Rent over 30%
Janitors and cleaners
$37,840Rent over 30%
Retail salespersons
$36,610Rent over 30%
Cashiers
$35,470Rent over 30%
Fast food and counter workers
$34,600Rent 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.