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None of the Atlantic City area's 10 most common jobs can buy a home in Margate City

The typical house costs $1,387,021. At today's 7.32% mortgage rate, buying it takes $404,354 a year.

ESTIMATEHome price and rent for Margate City, and jobs and tax for the Atlantic City area. How the estimate works

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THE ATLANTIC CITY AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY

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  1. Registered nurses
    $99,320Rent a house
  2. Cooks, restaurant
    $40,250Rent over 30%
  3. Security guards
    $39,900Rent over 30%
  4. Janitors and cleaners
    $39,520Rent over 30%
  5. Waiters and waitresses
    $38,160Rent over 30%
  6. Home health and personal care aides
    $37,840Rent over 30%
  7. Retail salespersons
    $35,360Rent over 30%
  8. Cashiers
    $34,100Rent over 30%
  9. Fast food and counter workers
    $33,270Rent over 30%
  10. Gambling dealers
    $33,000Rent 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.

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