Only 1 of rural Northeast Minnesota's 10 most common jobs can buy a home in Grand Rapids
The typical house costs $280,042. At today's 7.32% mortgage rate, buying it takes $84,150 a year.
ESTIMATEHome price for Grand Rapids. Rent from HUD for Itasca County, scaled to Zillow, jobs for rural Northeast Minnesota, and tax for Itasca County. How the estimate works
RURAL NORTHEAST MINNESOTA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $52K
Rent house $74K
Buy $84K
You
Enter your pay above to add your row
Registered nurses
$89,420Can buy
General and operations managers
$74,900Rent a house
Office clerks, general
$45,660Rent over 30%
Teaching assistants
$38,550Rent over 30%
Home health and personal care aides
$37,310Rent over 30%
Janitors and cleaners
$37,110Rent over 30%
Retail salespersons
$34,960Rent over 30%
Fast food and counter workers
$29,750Rent over 30%
Cashiers
$29,620Rent over 30%
Waiters and waitresses
$23,460Rent 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.