Manageable

What Salary Do You Need to Live in Raymer (New Raymer)?

To afford a 2-bedroom in Raymer (New Raymer), you need to earn at least $36,040/year based on estimated fair market rent data. The median household income here is $36,250, which means the typical resident is $210 above the threshold.

Census ACS Data Pop. 94

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$631	$2,103	$25,240	$-11,010
1 Bedroom	$748	$2,493	$29,920	$-6,330
2 Bedroom BENCHMARK	$901	$3,003	$36,040	$-210
3 Bedroom	$1,099	$3,663	$43,960	+$7,710
4 Bedroom	$1,352	$4,507	$54,080	+$17,830

Affordability Breakdown

Where the required salary line crosses above Raymer (New Raymer)'s median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$36,250

Annual household

2BR Required Salary

$36,040

Under 30% rule

Income Gap

+$210

Surplus

Verdict

Manageable

Ratio: 29.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Raymer (New Raymer)

Your Annual Salary

Pre-filled with Raymer (New Raymer)'s median household income

Max monthly rent you can afford$906

Studio

$631/mo

1 BR

$748/mo

2 BR

$901/mo

3 BR

$1,099/mo

4 BR

$1,352/mo

Your salary is $0 above the median income in Raymer (New Raymer).

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Raymer (New Raymer)

Raymer (New Raymer) is borderline manageable — the difference between required salary and median income is just $210. This means most households can technically afford a 2-bedroom, but have very little breathing room for savings or emergencies.

Downsizing to a 1-bedroom ($748/month) or studio ($631/month) materially improves the math. For those needing more space, a 3-bedroom in Raymer (New Raymer) pushes the required income to $43,960.

For comfortable living in Raymer (New Raymer) without financial stress, target a household income of at least $54,060 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Colorado's cost of living.

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 Raymer (New Raymer), Colorado.

With a total population of 94, the city supports an active civilian workforce of 54 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $36,040 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

Active civilian employees in Raymer (New Raymer)

Frequently Asked Questions About Renting in Raymer (New Raymer)

What salary do I need to live in Raymer (New Raymer), Colorado?

To afford a 2-bedroom in Raymer (New Raymer) under the 30% rule, you need an annual salary of at least $36,040. The median household income in Raymer (New Raymer) is $36,250.

Can I afford a 2-bedroom in Raymer (New Raymer) on $36,250?

The affordability verdict for Raymer (New Raymer) is "Manageable". The rent-to-income ratio is 29.8%, meaning median earners have a $210 surplus.

What is the average rent in Raymer (New Raymer) compared to median income?

The median gross rent in Raymer (New Raymer) is $748/month. With a median household income of $36,250, residents spend approximately 29.8% of their income on rent.

What salary do I need for a studio in Raymer (New Raymer)?

A studio in Raymer (New Raymer) rents for approximately $631/month. Under the 30% rule, you need an annual salary of $25,240 to afford this.

Is Raymer (New Raymer) considered an affordable place to live?

Based on the surplus of $210 and an affordability verdict of "Manageable", Raymer (New Raymer) is considered a manageable rental market when comparing the required 2-bedroom salary of $36,040 to the local median household income.

How Raymer (New Raymer) Compares

Other cities in Colorado with salary requirements