None of the Rapid City area's 10 most common jobs can buy a home in Summerset
The typical house costs $429,834. At today's 7.32% mortgage rate, buying it takes $126,638 a year.
ESTIMATEHome price and rent for Summerset, and jobs and tax for the Rapid City area. How the estimate works
THE RAPID CITY AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $56K
Rent house $76K
Buy $127K
You
Enter your pay above to add your row
Registered nurses
$79,380Rent a house
Bookkeeping, accounting, and auditing clerks
$46,810Rent over 30%
Nursing assistants
$38,500Rent over 30%
Receptionists and information clerks
$37,990Rent over 30%
Stockers and order fillers
$37,150Rent over 30%
Janitors and cleaners
$34,880Rent over 30%
Retail salespersons
$33,350Rent over 30%
Cashiers
$30,460Rent over 30%
Fast food and counter workers
$29,440Rent over 30%
Waiters and waitresses
$29,020Rent 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.