Only 1 of the Lansing area's 10 most common jobs can buy a home in East Lansing
The typical house costs $324,088. At today's 7.32% mortgage rate, buying it takes $104,699 a year.
ESTIMATEHome price and rent for East Lansing, and jobs and tax for the Lansing area. How the estimate works
THE LANSING AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $74K
Rent house $102K
Buy $105K
You
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General and operations managers
$119,140Can buy
Registered nurses
$84,320Rent an apt
Business operations specialists, all other
$82,940Rent an apt
Miscellaneous assemblers and fabricators
$55,120Rent over 30%
Office clerks, general
$45,830Rent over 30%
Customer service representatives
$44,250Rent over 30%
Laborers and freight, stock, and material movers, hand
$40,060Rent over 30%
Retail salespersons
$33,840Rent over 30%
Cashiers
$29,930Rent over 30%
Fast food and counter workers
$28,640Rent 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.