None of the Florence area's 10 most common jobs can buy a home in Muscle Shoals
The typical house costs $260,604. At today's 7.32% mortgage rate, buying it takes $77,328 a year.
ESTIMATEHome price and rent for Muscle Shoals, and jobs and tax for the Florence area. How the estimate works
THE FLORENCE AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $54K
Rent house $75K
Buy $77K
You
Enter your pay above to add your row
Registered nurses
$66,360Rent an apt
First-line supervisors of retail sales workers
$43,960Rent over 30%
Secretaries and administrative assistants
$38,850Rent over 30%
Laborers and freight, stock, and material movers, hand
$36,370Rent over 30%
Stockers and order fillers
$30,570Rent over 30%
Retail salespersons
$28,980Rent over 30%
Cashiers
$27,310Rent over 30%
Cooks, fast food
$26,820Rent over 30%
Waiters and waitresses
$25,990Rent over 30%
Fast food and counter workers
$22,590Rent 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.