Unaffordable

What Salary Do You Need to Live in Parkdale?

To afford a 2-bedroom in Parkdale, you need to earn at least $39,760/year based on estimated fair market rent data. The median household income here is $26,750, which means the typical resident is $13,010 below the threshold.

Census ACS Data Pop. 116

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$696	$2,320	$27,840	+$1,090
1 Bedroom	$825	$2,750	$33,000	+$6,250
2 Bedroom BENCHMARK	$994	$3,313	$39,760	+$13,010
3 Bedroom	$1,213	$4,043	$48,520	+$21,770
4 Bedroom	$1,491	$4,970	$59,640	+$32,890

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$26,750

Annual household

2BR Required Salary

$39,760

Under 30% rule

Income Gap

-$13,010

Deficit

Verdict

Unaffordable

Ratio: 44.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Parkdale's median household income

Max monthly rent you can afford$669

Studio

$696/mo

1 BR

$825/mo

2 BR

$994/mo

3 BR

$1,213/mo

4 BR

$1,491/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Parkdale

Renting in Parkdale is unaffordable for most median earners. The $13,010 income gap means a 2-bedroom at $994/month requires significant above-median earnings or a dual-income household to be sustainable.

For those committed to Parkdale, the realistic options are: (1) target a studio at $696/month, which requires $27,840/year — closer to the median; (2) find a roommate for a 2-bedroom, cutting individual costs to ~$497/month; or (3) negotiate remote work and live in a more affordable Arkansas city.

To live comfortably in Parkdale without financial strain, you realistically need a household income of $59,640 or higher. This isn't just about rent — it accounts for Arkansas's overall cost of living including transportation, food, and healthcare.

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 Parkdale, Arkansas.

With a total population of 116, the city supports an active civilian workforce of 28 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $39,760 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

Active civilian employees in Parkdale

Frequently Asked Questions About Renting in Parkdale

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

To afford a 2-bedroom in Parkdale under the 30% rule, you need an annual salary of at least $39,760. The median household income in Parkdale is $26,750.

Can I afford a 2-bedroom in Parkdale on $26,750?

The affordability verdict for Parkdale is "Unaffordable". The rent-to-income ratio is 44.6%, meaning there's a $13,010 income gap.

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

The median gross rent in Parkdale is $825/month. With a median household income of $26,750, residents spend approximately 44.6% of their income on rent.

What salary do I need for a studio in Parkdale?

A studio in Parkdale rents for approximately $696/month. Under the 30% rule, you need an annual salary of $27,840 to afford this.

Is Parkdale considered an affordable place to live?

Based on the deficit of $13,010 and an affordability verdict of "Unaffordable", Parkdale is considered a unaffordable rental market when comparing the required 2-bedroom salary of $39,760 to the local median household income.

How Parkdale Compares

Other cities in Arkansas with salary requirements