Unaffordable

What Salary Do You Need to Live in Richfield?

To afford a 2-bedroom in Richfield, you need to earn at least $46,600/year based on estimated fair market rent data. The median household income here is $23,125, which means the typical resident is $23,475 below the threshold.

Census ACS Data Pop. 142

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$816	$2,720	$32,640	+$9,515
1 Bedroom	$967	$3,223	$38,680	+$15,555
2 Bedroom BENCHMARK	$1,165	$3,883	$46,600	+$23,475
3 Bedroom	$1,421	$4,737	$56,840	+$33,715
4 Bedroom	$1,748	$5,827	$69,920	+$46,795

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$23,125

Annual household

2BR Required Salary

$46,600

Under 30% rule

Income Gap

-$23,475

Deficit

Verdict

Unaffordable

Ratio: 60.5%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Richfield's median household income

Max monthly rent you can afford$578

Studio

$816/mo

1 BR

$967/mo

2 BR

$1,165/mo

3 BR

$1,421/mo

4 BR

$1,748/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Richfield

Richfield, California is one of the most expensive rental markets relative to local incomes. The median household earning $23,125 faces a staggering $23,475 deficit against the $46,600 needed for a 2-bedroom — meaning the typical resident cannot afford market-rate rent under standard financial guidelines.

For those committed to Richfield, the realistic options are: (1) target a studio at $816/month, which requires $32,640/year — closer to the median; (2) find a roommate for a 2-bedroom, cutting individual costs to ~$583/month; or (3) negotiate remote work and live in a more affordable California city.

To live comfortably in Richfield without financial strain, you realistically need a household income of $69,900 or higher. This isn't just about rent — it accounts for California'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 Richfield, California.

With a total population of 142, the city supports an active civilian workforce of 52 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $46,600 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 Richfield

Frequently Asked Questions About Renting in Richfield

What salary do I need to live in Richfield, California?

To afford a 2-bedroom in Richfield under the 30% rule, you need an annual salary of at least $46,600. The median household income in Richfield is $23,125.

Can I afford a 2-bedroom in Richfield on $23,125?

The affordability verdict for Richfield is "Unaffordable". The rent-to-income ratio is 60.5%, meaning there's a $23,475 income gap.

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

The median gross rent in Richfield is $967/month. With a median household income of $23,125, residents spend approximately 60.5% of their income on rent.

What salary do I need for a studio in Richfield?

A studio in Richfield rents for approximately $816/month. Under the 30% rule, you need an annual salary of $32,640 to afford this.

Is Richfield considered an affordable place to live?

Based on the deficit of $23,475 and an affordability verdict of "Unaffordable", Richfield is considered a unaffordable rental market when comparing the required 2-bedroom salary of $46,600 to the local median household income.

How Richfield Compares

Other cities in California with salary requirements