Affordable

What Salary Do You Need to Live in Globe?

To afford a 2-bedroom in Globe, you need to earn at least $42,200/year based on estimated fair market rent data. The median household income here is $64,516, which means the typical resident is $22,316 above the threshold.

Census ACS Data Pop. 7,230

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$739	$2,463	$29,560	$-34,956
1 Bedroom	$876	$2,920	$35,040	$-29,476
2 Bedroom BENCHMARK	$1,055	$3,517	$42,200	$-22,316
3 Bedroom	$1,287	$4,290	$51,480	$-13,036
4 Bedroom	$1,583	$5,277	$63,320	$-1,196

Affordability Breakdown

Where the required salary line crosses above Globe's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$64,516

Annual household

2BR Required Salary

$42,200

Under 30% rule

Income Gap

+$22,316

Surplus

Verdict

Affordable

Ratio: 19.6%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Globe

Your Annual Salary

Pre-filled with Globe's median household income

Max monthly rent you can afford$1,613

Studio

$739/mo

1 BR

$876/mo

2 BR

$1,055/mo

3 BR

$1,287/mo

4 BR

$1,583/mo

Your salary is $0 above the median income in Globe.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Globe's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Globe

Globe, Arizona stands out as one of the more financially accessible housing markets in the state. The median household income of $64,516 significantly exceeds the $42,200 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $22,316 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Globe, a studio at $739/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,287/month remains accessible for dual-income households earning above $51,480.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $63,300 would position you well — though many residents in Globe manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Globe, Arizona.

With a total population of 7,230, the city supports an active civilian workforce of 3,058 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $42,200 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

3,058

Active civilian employees in Globe

Frequently Asked Questions About Renting in Globe

What salary do I need to live in Globe, Arizona?

To afford a 2-bedroom in Globe under the 30% rule, you need an annual salary of at least $42,200. The median household income in Globe is $64,516.

Can I afford a 2-bedroom in Globe on $64,516?

The affordability verdict for Globe is "Affordable". The rent-to-income ratio is 19.6%, meaning median earners have a $22,316 surplus.

What is the average rent in Globe compared to median income?

The median gross rent in Globe is $876/month. With a median household income of $64,516, residents spend approximately 19.6% of their income on rent.

What salary do I need for a studio in Globe?

A studio in Globe rents for approximately $739/month. Under the 30% rule, you need an annual salary of $29,560 to afford this.

Is Globe considered an affordable place to live?

Based on the surplus of $22,316 and an affordability verdict of "Affordable", Globe is considered a affordable rental market when comparing the required 2-bedroom salary of $42,200 to the local median household income.

How Globe Compares

Other cities in Arizona with salary requirements