2 of rural Northwest Minnesota's 10 most common jobs can buy a home in Fergus Falls
The typical house costs $206,586. At today's 7.32% mortgage rate, buying it takes $63,869 a year.
ESTIMATEHome price and rent for Fergus Falls, jobs for rural Northwest Minnesota, and tax for Otter Tail County. How the estimate works
RURAL NORTHWEST MINNESOTA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $36K
Rent house $51K
Buy $64K
You
Enter your pay above to add your row
Registered nurses
$97,280Can buy
General and operations managers
$78,530Can buy
Office clerks, general
$46,280Rent an apt
Laborers and freight, stock, and material movers, hand
$44,800Rent an apt
Miscellaneous assemblers and fabricators
$44,310Rent an apt
Teaching assistants
$38,630Rent an apt
Home health and personal care aides
$37,240Rent an apt
Retail salespersons
$35,220Rent over 30%
Cashiers
$30,260Rent over 30%
Fast food and counter workers
$29,480Rent 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.