None of the Elkhart area's 10 most common jobs can buy a home in New Paris
The typical house costs $305,877. At today's 7.32% mortgage rate, buying it takes $89,285 a year.
ESTIMATEHome price for New Paris. Rent, jobs, and tax for the Elkhart area. How the estimate works
THE ELKHART AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $47K
Rent house $62K
Buy $89K
You
Enter your pay above to add your row
Sales representatives, wholesale and manufacturing
$75,220Rent a house
First-line supervisors of production and operating workers
$65,150Rent a house
Welders, cutters, solderers, and brazers
$50,950Rent an apt
Shipping, receiving, and inventory clerks
$48,600Rent an apt
Miscellaneous assemblers and fabricators
$46,960Rent over 30%
Laborers and freight, stock, and material movers, hand
$40,820Rent over 30%
Stockers and order fillers
$35,460Rent over 30%
Retail salespersons
$33,360Rent over 30%
Cashiers
$29,560Rent over 30%
Fast food and counter workers
$28,300Rent 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.