Only 1 of the Chico area's 10 most common jobs can buy a home in Paradise
The typical house costs $335,517. At today's 7.32% mortgage rate, buying it takes $99,822 a year.
ESTIMATEHome price and rent for Paradise, and jobs and tax for the Chico area. How the estimate works
THE CHICO AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $65K
Rent house $88K
Buy $100K
You
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Registered nurses
$127,360Can buy
General and operations managers
$98,390Rent a house
Elementary school teachers
$95,000Rent a house
Teaching assistants
$45,660Rent over 30%
Office clerks, general
$42,840Rent over 30%
Fast food and counter workers
$38,210Rent over 30%
Stockers and order fillers
$37,180Rent over 30%
Retail salespersons
$36,680Rent over 30%
Cashiers
$35,210Rent over 30%
Home health and personal care aides
$34,320Rent 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.