3 of rural Southwest Iowa's 10 most common jobs can buy a home in Red Oak
The typical house costs $133,957. At today's 7.32% mortgage rate, buying it takes $48,416 a year.
ESTIMATEHome price for Red Oak. Rent from HUD for Montgomery County, scaled to Zillow, jobs for rural Southwest Iowa, and tax for Montgomery County. How the estimate works
RURAL SOUTHWEST IOWA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $45K
Rent house $60K
Buy $48K
You
Enter your pay above to add your row
General and operations managers
$79,560Can buy
Registered nurses
$78,960Can buy
Heavy and tractor-trailer truck drivers
$57,980Can buy
Laborers and freight, stock, and material movers, hand
$44,260Rent over 30%
Nursing assistants
$38,910Rent over 30%
Home health and personal care aides
$35,500Rent over 30%
Teaching assistants
$30,470Rent over 30%
Retail salespersons
$29,920Rent over 30%
Cashiers
$27,640Rent over 30%
Fast food and counter workers
$27,540Rent 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.