6 of the Waterloo area's 10 most common jobs can buy a home in Frederika
The typical house costs $100,295. At today's 7.32% mortgage rate, buying it takes $37,250 a year.
ESTIMATEHome price for Frederika. Rent, jobs, and tax for the Waterloo area. How the estimate works
THE WATERLOO AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $41K
Rent house $46K
Buy $37K
You
Enter your pay above to add your row
General and operations managers
$82,400Can buy
Registered nurses
$76,920Can buy
Heavy and tractor-trailer truck drivers
$58,730Can buy
Miscellaneous assemblers and fabricators
$50,310Can buy
Laborers and freight, stock, and material movers, hand
$47,440Can buy
Customer service representatives
$39,530Can buy
Stockers and order fillers
$36,990Rent over 30%
Retail salespersons
$31,270Rent over 30%
Cashiers
$29,320Rent over 30%
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.