What Salary Do You Need to Live in Felton?
To afford a 2-bedroom in Felton, you need to earn at least $41,440/year based on estimated fair market rent data. The median household income here is $55,536, which means the typical resident is $14,096 above the threshold.
Salary Required by Bedroom Size
| Bedroom | Monthly Rent | Monthly Income | Annual Salary | vs. Median |
|---|---|---|---|---|
| Studio | $725 | $2,417 | $29,000 | $-26,536 |
| 1 Bedroom | $860 | $2,867 | $34,400 | $-21,136 |
| 2 Bedroom BENCHMARK | $1,036 | $3,453 | $41,440 | $-14,096 |
| 3 Bedroom | $1,264 | $4,213 | $50,560 | $-4,976 |
| 4 Bedroom | $1,554 | $5,180 | $62,160 | +$6,624 |
Affordability Breakdown
Where the required salary line crosses above Felton's median income — housing becomes unaffordable for the typical resident.
Income vs. Rent Snapshot
Median Income
$55,536
Annual household
2BR Required Salary
$41,440
Under 30% rule
Income Gap
+$14,096
Surplus
Verdict
Affordable
Ratio: 22.4%
The 30% Rule Calculator
Enter your annual salary to see what you can afford in Felton
Pre-filled with Felton's median household income
Studio
$725/mo
1 BR
$860/mo
2 BR
$1,036/mo
3 BR
$1,264/mo
4 BR
$1,554/mo
Salary Comparison by Bedroom
Bars left of the marker line are affordable for Felton's median earner. Bars to the right require above-median income.
What This Means If You're Moving to Felton
Living in Felton is well within reach for most median-income earners. With a $14,096 cushion between what residents earn and what a 2-bedroom requires, households in Felton typically have meaningful financial flexibility after housing costs.
For remote workers or relocators evaluating Felton, a studio at $725/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,264/month remains accessible for dual-income households earning above $50,560.
To live comfortably with room for non-housing expenses, a break-even salary of approximately $62,160 would position you well — though many residents in Felton manage on less given the favorable rent-to-income dynamics.
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 Felton, Delaware.
With a total population of 1,136, the city supports an active civilian workforce of 549 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $41,440 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
549
Active civilian employees in Felton
Frequently Asked Questions About Renting in Felton
What salary do I need to live in Felton, Delaware?
Can I afford a 2-bedroom in Felton on $55,536?
What is the average rent in Felton compared to median income?
What salary do I need for a studio in Felton?
Is Felton considered an affordable place to live?
How Felton Compares
Other cities in Delaware with salary requirements