None of the Minneapolis area's 10 most common jobs can buy a home in Albertville
The typical house costs $386,509. At today's 7.32% mortgage rate, buying it takes $115,773 a year.
ESTIMATEHome price for Albertville. Rent, jobs, and tax for the Minneapolis area. How the estimate works
THE MINNEAPOLIS AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $69K
Rent house $98K
Buy $116K
You
Enter your pay above to add your row
General and operations managers
$103,570Rent a house
Registered nurses
$103,040Rent a house
Customer service representatives
$49,480Rent over 30%
Office clerks, general
$48,790Rent over 30%
Laborers and freight, stock, and material movers, hand
$47,320Rent over 30%
Miscellaneous assemblers and fabricators
$47,200Rent over 30%
Home health and personal care aides
$38,860Rent over 30%
Retail salespersons
$36,670Rent over 30%
Cashiers
$35,760Rent over 30%
Fast food and counter workers
$33,040Rent 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.