3 of the Waterloo area's 10 most common jobs can buy a home in the city of Waterloo
The typical house costs $152,301. At today's 7.32% mortgage rate, buying it takes $51,921 a year.
ESTIMATEHome price and rent for the city of Waterloo, and jobs and tax for the Waterloo area. How the estimate works
THE WATERLOO AREA'S 10 MOST COMMON JOBS, BY MEDIAN PAY
MEDIAN PAY
Rent apt $36K
Rent house $41K
Buy $52K
You
Enter your pay above to add your row
General and operations managers
$82,400Can buy
Registered nurses
$76,920Can buy
Heavy and tractor-trailer truck drivers
$58,730Can buy
Miscellaneous assemblers and fabricators
$50,310Rent a house
Laborers and freight, stock, and material movers, hand
$47,440Rent a house
Customer service representatives
$39,530Rent an apt
Stockers and order fillers
$36,990Rent an apt
Retail salespersons
$31,270Rent over 30%
Cashiers
$29,320Rent over 30%
Fast food and counter workers
$27,820Rent 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.