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None of the Waterloo area's 10 most common jobs can buy a home in Dike

The typical house costs $294,468. At today's 7.32% mortgage rate, buying it takes $92,026 a year.

ESTIMATEHome price for Dike. Rent, jobs, and tax for the Waterloo area. How the estimate works

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THE WATERLOO AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY

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  1. General and operations managers
    $82,400Rent a house
  2. Registered nurses
    $76,920Rent a house
  3. Heavy and tractor-trailer truck drivers
    $58,730Rent a house
  4. Miscellaneous assemblers and fabricators
    $50,310Rent a house
  5. Laborers and freight, stock, and material movers, hand
    $47,440Rent a house
  6. Customer service representatives
    $39,530Rent over 30%
  7. Stockers and order fillers
    $36,990Rent over 30%
  8. Retail salespersons
    $31,270Rent over 30%
  9. Cashiers
    $29,320Rent over 30%
  10. Fast food and counter workers
    $27,820Rent 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.

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