Park Ridge Employee Salaries: What Housing Options Exist in Park Ridge for These Employees?

JOB TITLEAVERAGE ANNUAL SALARYANNUAL SALARY RANGEAFFORDABLE RENTAFFORDABLE HOME PURCHASE
  25th – 90th Percentile*@ 30% of Annual IncomeCurrent Market Conditions**
Restaurant Worker24,59219,500 – 32,50061562,000
Grocery Stocker27,80723,078 – 34,11669577,000
Hospital Housekeeper28,17023,091 – 36,12770478,000
Public Works33,62825,591 – 44,660840104,000
City Worker34,88425,085 – 54,685872110,000
Hospital Porter37,33427,095 – 48,672933122,000
Administrative Assistant38,33830,102 – 52,679958125,000
Elementary Teacher39,79932,615 – 54,191995129,000
Salon Manager39,87131,607 – 54,184997130,000
Grocery Manager46,22937,627 – 61,2081,156162,000
Restaurant Manager49,49740,643 – 65,2301,237175,000
Nurse56,09846,165 – 83,801$1,400$200,000
Medical Technologist65,34950,177 – 90,3191,634250,000
Source: Ziprecruiter.com
*Those in the 90th – 100th Percentile earn more
** Home Values based on monthly payments (PITI) at 30% of annual income, calculated using the following terms:
20% down payment        7% fixed rate interest payment         30 year mortgage term
$2,400 in property taxes             $1,000 in annual insurance premiums
Terms, especially taxes and insurance estimates, will vary based on sales price, loan size, current market conditions, exact location, credit score, ability to make a 20% down payment, etc.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: