None of rural Mid Michigan's 10 most common jobs can buy a home in Pentwater
The typical house costs $390,524. At today's 7.32% mortgage rate, buying it takes $124,510 a year.
ESTIMATEHome price for Pentwater. Rent from HUD for Oceana County, scaled to Zillow, jobs for rural Mid Michigan, and the statewide new-buyer tax rate. How the estimate works
RURAL MID MICHIGAN'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $47K
Rent house $60K
Buy $125K
You
Enter your pay above to add your row
Registered nurses
$83,660Rent a house
General and operations managers
$78,740Rent a house
Heavy and tractor-trailer truck drivers
$54,090Rent an apt
Office clerks, general
$42,360Rent over 30%
Miscellaneous assemblers and fabricators
$39,090Rent over 30%
Home health and personal care aides
$35,040Rent over 30%
Retail salespersons
$33,880Rent over 30%
Stockers and order fillers
$32,210Rent over 30%
Cashiers
$28,100Rent over 30%
Fast food and counter workers
$27,640Rent 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.