2 of the Mankato area's 10 most common jobs can buy a home in Madelia
The typical house costs $186,319. At today's 7.32% mortgage rate, buying it takes $59,899 a year.
ESTIMATEHome price for Madelia. Rent, jobs, and tax for the Mankato area. How the estimate works
THE MANKATO AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $49K
Rent house $73K
Buy $60K
You
Enter your pay above to add your row
Registered nurses
$103,400Can buy
General and operations managers
$86,890Can buy
Office clerks, general
$47,890Rent over 30%
Customer service representatives
$47,320Rent over 30%
Nursing assistants
$46,430Rent over 30%
Stockers and order fillers
$39,360Rent over 30%
Home health and personal care aides
$37,560Rent over 30%
Retail salespersons
$35,350Rent over 30%
Cashiers
$33,530Rent over 30%
Fast food and counter workers
$30,000Rent 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.