2 of rural Northwest Minnesota's 10 most common jobs can buy a home in Hoffman
The typical house costs $241,760. At today's 7.32% mortgage rate, buying it takes $74,556 a year.
ESTIMATEHome price for Hoffman. Rent from HUD for Grant County, scaled to Zillow, jobs for rural Northwest Minnesota, and tax for Grant County. How the estimate works
RURAL NORTHWEST MINNESOTA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $47K
Rent house $67K
Buy $75K
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 over 30%
Laborers and freight, stock, and material movers, hand
$44,800Rent over 30%
Miscellaneous assemblers and fabricators
$44,310Rent over 30%
Teaching assistants
$38,630Rent over 30%
Home health and personal care aides
$37,240Rent over 30%
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.