None of rural Upper Peninsula of Michigan's 10 most common jobs can buy a home in Cedarville
The typical house costs $340,597. At today's 7.32% mortgage rate, buying it takes $109,622 a year.
ESTIMATEHome price for Cedarville. Rent from HUD for Mackinac County, scaled to Zillow, jobs for rural Upper Peninsula of Michigan, and the statewide new-buyer tax rate. How the estimate works
RURAL UPPER PENINSULA OF MICHIGAN'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $50K
Rent house $63K
Buy $110K
You
Enter your pay above to add your row
General and operations managers
$84,890Rent a house
Registered nurses
$81,410Rent a house
Heavy and tractor-trailer truck drivers
$54,090Rent an apt
Office clerks, general
$43,110Rent over 30%
Waiters and waitresses
$37,710Rent over 30%
Home health and personal care aides
$34,320Rent over 30%
Retail salespersons
$34,290Rent over 30%
Stockers and order fillers
$33,090Rent over 30%
Cashiers
$28,580Rent over 30%
Fast food and counter workers
$28,070Rent 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.