Affordable

What Salary Do You Need to Live in Bono?

To afford a 2-bedroom in Bono, you need to earn at least $40,160/year based on estimated fair market rent data. The median household income here is $48,611, which means the typical resident is $8,451 above the threshold.

Census ACS Data Pop. 2,497

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$703	$2,343	$28,120	$-20,491
1 Bedroom	$833	$2,777	$33,320	$-15,291
2 Bedroom BENCHMARK	$1,004	$3,347	$40,160	$-8,451
3 Bedroom	$1,225	$4,083	$49,000	+$389
4 Bedroom	$1,506	$5,020	$60,240	+$11,629

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$48,611

Annual household

2BR Required Salary

$40,160

Under 30% rule

Income Gap

+$8,451

Surplus

Verdict

Affordable

Ratio: 24.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Bono's median household income

Max monthly rent you can afford$1,215

Studio

$703/mo

1 BR

$833/mo

2 BR

$1,004/mo

3 BR

$1,225/mo

4 BR

$1,506/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Bono

Living in Bono is well within reach for most median-income earners. With a $8,451 cushion between what residents earn and what a 2-bedroom requires, households in Bono typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Bono, a studio at $703/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,225/month remains accessible for dual-income households earning above $49,000.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $60,240 would position you well — though many residents in Bono 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 Bono, Arkansas.

With a total population of 2,497, the city supports an active civilian workforce of 1,052 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,160 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

1,052

Active civilian employees in Bono

Frequently Asked Questions About Renting in Bono

What salary do I need to live in Bono, Arkansas?

To afford a 2-bedroom in Bono under the 30% rule, you need an annual salary of at least $40,160. The median household income in Bono is $48,611.

Can I afford a 2-bedroom in Bono on $48,611?

The affordability verdict for Bono is "Affordable". The rent-to-income ratio is 24.8%, meaning median earners have a $8,451 surplus.

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

The median gross rent in Bono is $833/month. With a median household income of $48,611, residents spend approximately 24.8% of their income on rent.

What salary do I need for a studio in Bono?

A studio in Bono rents for approximately $703/month. Under the 30% rule, you need an annual salary of $28,120 to afford this.

Is Bono considered an affordable place to live?

Based on the surplus of $8,451 and an affordability verdict of "Affordable", Bono is considered a affordable rental market when comparing the required 2-bedroom salary of $40,160 to the local median household income.

How Bono Compares

Other cities in Arkansas with salary requirements