None of the Salem area's 10 most common jobs can buy a home in Silverton
The typical house costs $549,453. At today's 7.32% mortgage rate, buying it takes $149,914 a year.
ESTIMATEHome price and rent for Silverton, and jobs and tax for the Salem area. How the estimate works
THE SALEM AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $77K
Rent house $108K
Buy $150K
You
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Registered nurses
$131,750Rent a house
General and operations managers
$114,430Rent a house
Management analysts
$99,090Rent an apt
Secretaries and administrative assistants
$55,660Rent over 30%
Office clerks, general
$50,650Rent over 30%
Home health and personal care aides
$45,200Rent over 30%
Stockers and order fillers
$41,520Rent over 30%
Retail salespersons
$35,760Rent over 30%
Fast food and counter workers
$34,520Rent over 30%
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.