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Only 1 of the Salem area's 10 most common jobs can buy a home in the city of Salem

The typical house costs $434,508. At today's 7.32% mortgage rate, buying it takes $119,538 a year.

ESTIMATEHome price and rent for the city of Salem, and jobs and tax for the Salem area. How the estimate works

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THE SALEM AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY

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  1. Registered nurses
    $131,750Can buy
  2. General and operations managers
    $114,430Rent a house
  3. Management analysts
    $99,090Rent a house
  4. Secretaries and administrative assistants
    $55,660Rent over 30%
  5. Office clerks, general
    $50,650Rent over 30%
  6. Home health and personal care aides
    $45,200Rent over 30%
  7. Stockers and order fillers
    $41,520Rent over 30%
  8. Retail salespersons
    $35,760Rent over 30%
  9. Fast food and counter workers
    $34,520Rent over 30%
  10. Cashiers
    $34,340Rent 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.

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