Only 1 of the Manchester area's 10 most common jobs can buy a home in Nashua
The typical house costs $540,495. At today's 7.32% mortgage rate, buying it takes $160,228 a year.
ESTIMATEHome price and rent for Nashua, 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 $91K
Rent house $125K
Buy $160K
You
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Software developers
$162,090Can buy
General and operations managers
$124,990Rent a house
Registered nurses
$98,600Rent an apt
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.