Stretched

What Salary Do You Need to Live in Bunnell?

To afford a 2-bedroom in Bunnell, you need to earn at least $52,240/year based on estimated fair market rent data. The median household income here is $42,831, which means the typical resident is $9,409 below the threshold.

Census ACS Data Pop. 3,355

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$914	$3,047	$36,560	$-6,271
1 Bedroom	$1,084	$3,613	$43,360	+$529
2 Bedroom BENCHMARK	$1,306	$4,353	$52,240	+$9,409
3 Bedroom	$1,593	$5,310	$63,720	+$20,889
4 Bedroom	$1,959	$6,530	$78,360	+$35,529

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$42,831

Annual household

2BR Required Salary

$52,240

Under 30% rule

Income Gap

-$9,409

Deficit

Verdict

Stretched

Ratio: 36.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Bunnell's median household income

Max monthly rent you can afford$1,071

Studio

$914/mo

1 BR

$1,084/mo

2 BR

$1,306/mo

3 BR

$1,593/mo

4 BR

$1,959/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Bunnell

Bunnell's rental market puts real pressure on median earners. A 2-bedroom at $1,306/month requires $52,240/year — about $9,409 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Bunnell, target the studio or 1-bedroom tier ($914–$1,084/month) unless your income exceeds $52,240. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $653/month.

The break-even salary for comfortable living in Bunnell is approximately $78,360. Below this threshold, expect housing to consume a disproportionate share of your budget, limiting discretionary spending and savings capacity.

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 Bunnell, Florida.

With a total population of 3,355, the city supports an active civilian workforce of 1,177 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $52,240 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

1,177

Active civilian employees in Bunnell

Frequently Asked Questions About Renting in Bunnell

What salary do I need to live in Bunnell, Florida?

To afford a 2-bedroom in Bunnell under the 30% rule, you need an annual salary of at least $52,240. The median household income in Bunnell is $42,831.

Can I afford a 2-bedroom in Bunnell on $42,831?

The affordability verdict for Bunnell is "Stretched". The rent-to-income ratio is 36.6%, meaning there's a $9,409 income gap.

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

The median gross rent in Bunnell is $1,084/month. With a median household income of $42,831, residents spend approximately 36.6% of their income on rent.

What salary do I need for a studio in Bunnell?

A studio in Bunnell rents for approximately $914/month. Under the 30% rule, you need an annual salary of $36,560 to afford this.

Is Bunnell considered an affordable place to live?

Based on the deficit of $9,409 and an affordability verdict of "Stretched", Bunnell is considered a stretched rental market when comparing the required 2-bedroom salary of $52,240 to the local median household income.

How Bunnell Compares

Other cities in Florida with salary requirements