3 of the Chico area's 10 most common jobs can buy a home in Magalia
The typical house costs $265,220. At today's 7.32% mortgage rate, buying it takes $80,374 a year.
ESTIMATEHome price for Magalia. Rent, jobs, and tax for the Chico area. How the estimate works
THE CHICO AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $62K
Rent house $85K
Buy $80K
You
Enter your pay above to add your row
Registered nurses
$127,360Can buy
General and operations managers
$98,390Can buy
Elementary school teachers
$95,000Can buy
Teaching assistants
$45,660Rent over 30%
Office clerks, general
$42,840Rent over 30%
Fast food and counter workers
$38,210Rent over 30%
Stockers and order fillers
$37,180Rent over 30%
Retail salespersons
$36,680Rent over 30%
Cashiers
$35,210Rent 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.