Only 1 of the Gadsden area's 10 most common jobs can buy a home in Rainbow City
The typical house costs $252,093. At today's 7.32% mortgage rate, buying it takes $74,996 a year.
ESTIMATEHome price for Rainbow City. Rent, jobs, and tax for the Gadsden area. How the estimate works
THE GADSDEN AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $43K
Rent house $47K
Buy $75K
You
Enter your pay above to add your row
Registered nurses
$77,810Can buy
Secretaries and administrative assistants
$38,860Rent over 30%
Miscellaneous assemblers and fabricators
$34,100Rent over 30%
Stockers and order fillers
$31,270Rent over 30%
Nursing assistants
$30,440Rent over 30%
Retail salespersons
$28,300Rent over 30%
Cooks, fast food
$25,900Rent over 30%
Cashiers
$25,750Rent over 30%
Waiters and waitresses
$24,030Rent over 30%
Fast food and counter workers
$22,770Rent 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.