None of the Rockford area's 10 most common jobs can buy a home in Caledonia
The typical house costs $361,477. At today's 7.32% mortgage rate, buying it takes $121,735 a year.
ESTIMATEHome price for Caledonia. Rent, jobs, and tax for the Rockford area. How the estimate works
THE ROCKFORD AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $52K
Rent house $66K
Buy $122K
You
Enter your pay above to add your row
General and operations managers
$98,390Rent a house
Registered nurses
$80,930Rent a house
Miscellaneous assemblers and fabricators
$45,670Rent over 30%
Laborers and freight, stock, and material movers, hand
$44,200Rent over 30%
Customer service representatives
$43,260Rent over 30%
Nursing assistants
$40,140Rent over 30%
Stockers and order fillers
$36,020Rent over 30%
Retail salespersons
$33,540Rent over 30%
Cashiers
$31,680Rent over 30%
Fast food and counter workers
$31,640Rent 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.