None of rural Maryland's 10 most common jobs can buy a home in Ridgely
The typical house costs $369,514. At today's 7.32% mortgage rate, buying it takes $105,885 a year.
ESTIMATEHome price for Ridgely. Rent for Caroline County, jobs for rural Maryland, and tax for Caroline County. How the estimate works
RURAL MARYLAND'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $54K
Rent house $64K
Buy $106K
You
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General and operations managers
$87,360Rent a house
Registered nurses
$85,700Rent a house
Secretaries and administrative assistants
$46,340Rent over 30%
Cooks, restaurant
$37,490Rent over 30%
Home health and personal care aides
$37,450Rent over 30%
Stockers and order fillers
$36,610Rent over 30%
Waiters and waitresses
$35,620Rent over 30%
Retail salespersons
$34,290Rent over 30%
Cashiers
$32,700Rent over 30%
Fast food and counter workers
$31,960Rent 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.