None of the Norwich area's 10 most common jobs can buy a home in North Stonington
The typical house costs $470,893. At today's 7.32% mortgage rate, buying it takes $142,228 a year.
ESTIMATEHome price for North Stonington. Rent, jobs, and tax for the Norwich area. How the estimate works
THE NORWICH AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $84K
Rent house $106K
Buy $142K
You
Enter your pay above to add your row
General and operations managers
$126,870Rent a house
Registered nurses
$101,330Rent an apt
Home health and personal care aides
$39,570Rent over 30%
Cooks, restaurant
$38,180Rent over 30%
Waiters and waitresses
$37,880Rent over 30%
Stockers and order fillers
$36,290Rent over 30%
Retail salespersons
$35,740Rent over 30%
Janitors and cleaners
$35,460Rent over 30%
Cashiers
$35,010Rent over 30%
Fast food and counter workers
$34,800Rent 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.