None of the Manchester area's 10 most common jobs can buy a home in Merrimack
The typical house costs $575,116. At today's 7.32% mortgage rate, buying it takes $170,220 a year.
ESTIMATEHome price and rent for Merrimack, and jobs and tax for the Manchester area. How the estimate works
THE MANCHESTER AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $101K
Rent house $139K
Buy $170K
You
Enter your pay above to add your row
Software developers
$162,090Rent a house
General and operations managers
$124,990Rent an apt
Registered nurses
$98,600Rent over 30%
Customer service representatives
$49,630Rent over 30%
Office clerks, general
$49,570Rent over 30%
Home health and personal care aides
$39,190Rent over 30%
Stockers and order fillers
$36,040Rent over 30%
Retail salespersons
$35,350Rent over 30%
Cashiers
$31,700Rent over 30%
Fast food and counter workers
$31,120Rent 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.