3 of the Memphis area's 10 most common jobs can buy a home in Michigan City
The typical house costs $151,607. At today's 7.32% mortgage rate, buying it takes $51,373 a year.
ESTIMATEHome price for Michigan City. Rent from HUD for Benton County, scaled to Zillow, jobs for the Memphis area, and tax for Benton County. How the estimate works
THE MEMPHIS AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $41K
Rent house $47K
Buy $51K
You
Enter your pay above to add your row
General and operations managers
$102,510Can buy
Registered nurses
$81,500Can buy
Heavy and tractor-trailer truck drivers
$63,070Can buy
Customer service representatives
$44,090Rent an apt
Laborers and freight, stock, and material movers, hand
$39,510Rent over 30%
Office clerks, general
$38,610Rent over 30%
Stockers and order fillers
$37,280Rent over 30%
Retail salespersons
$32,580Rent over 30%
Cashiers
$29,160Rent over 30%
Fast food and counter workers
$27,490Rent 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.