Affordable

What Salary Do You Need to Live in Hot Sulphur Springs?

To afford a 2-bedroom in Hot Sulphur Springs, you need to earn at least $56,040/year based on estimated fair market rent data. The median household income here is $83,125, which means the typical resident is $27,085 above the threshold.

Census ACS Data Pop. 906

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$981	$3,270	$39,240	$-43,885
1 Bedroom	$1,163	$3,877	$46,520	$-36,605
2 Bedroom BENCHMARK	$1,401	$4,670	$56,040	$-27,085
3 Bedroom	$1,709	$5,697	$68,360	$-14,765
4 Bedroom	$2,102	$7,007	$84,080	+$955

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$83,125

Annual household

2BR Required Salary

$56,040

Under 30% rule

Income Gap

+$27,085

Surplus

Verdict

Affordable

Ratio: 20.2%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Hot Sulphur Springs

Your Annual Salary

Pre-filled with Hot Sulphur Springs's median household income

Max monthly rent you can afford$2,078

Studio

$981/mo

1 BR

$1,163/mo

2 BR

$1,401/mo

3 BR

$1,709/mo

4 BR

$2,102/mo

Your salary is $0 above the median income in Hot Sulphur Springs.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Hot Sulphur Springs

Hot Sulphur Springs, Colorado stands out as one of the more financially accessible housing markets in the state. The median household income of $83,125 significantly exceeds the $56,040 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $27,085 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Hot Sulphur Springs, a studio at $981/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,709/month remains accessible for dual-income households earning above $68,360.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $84,060 would position you well — though many residents in Hot Sulphur Springs 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 Hot Sulphur Springs, Colorado.

With a total population of 906, the city supports an active civilian workforce of 456 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $56,040 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

456

Active civilian employees in Hot Sulphur Springs

Frequently Asked Questions About Renting in Hot Sulphur Springs

What salary do I need to live in Hot Sulphur Springs, Colorado?

To afford a 2-bedroom in Hot Sulphur Springs under the 30% rule, you need an annual salary of at least $56,040. The median household income in Hot Sulphur Springs is $83,125.

Can I afford a 2-bedroom in Hot Sulphur Springs on $83,125?

The affordability verdict for Hot Sulphur Springs is "Affordable". The rent-to-income ratio is 20.2%, meaning median earners have a $27,085 surplus.

What is the average rent in Hot Sulphur Springs compared to median income?

The median gross rent in Hot Sulphur Springs is $1,163/month. With a median household income of $83,125, residents spend approximately 20.2% of their income on rent.

What salary do I need for a studio in Hot Sulphur Springs?

A studio in Hot Sulphur Springs rents for approximately $981/month. Under the 30% rule, you need an annual salary of $39,240 to afford this.

Is Hot Sulphur Springs considered an affordable place to live?

Based on the surplus of $27,085 and an affordability verdict of "Affordable", Hot Sulphur Springs is considered a affordable rental market when comparing the required 2-bedroom salary of $56,040 to the local median household income.

How Hot Sulphur Springs Compares

Other cities in Colorado with salary requirements