Only 1 of the Boston area's 10 most common jobs can buy a home in Townsend
The typical house costs $514,591. At today's 7.32% mortgage rate, buying it takes $146,632 a year.
ESTIMATEHome price for Townsend. Rent, jobs, and tax for the Boston area. How the estimate works
THE BOSTON AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $119K
Rent house $140K
Buy $147K
You
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Software developers
$166,090Can buy
General and operations managers
$133,800Rent an apt
Registered nurses
$106,180Rent over 30%
Customer service representatives
$49,920Rent over 30%
Janitors and cleaners
$46,550Rent over 30%
Home health and personal care aides
$40,910Rent over 30%
Waiters and waitresses
$39,270Rent over 30%
Retail salespersons
$36,850Rent over 30%
Fast food and counter workers
$36,290Rent over 30%
Cashiers
$36,040Rent 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.