Manageable

What Salary Do You Need to Live in Ferry Pass?

To afford a 2-bedroom in Ferry Pass, you need to earn at least $60,000/year based on estimated fair market rent data. The median household income here is $62,420, which means the typical resident is $2,420 above the threshold.

Census ACS Data Pop. 32,447

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,050	$3,500	$42,000	$-20,420
1 Bedroom	$1,245	$4,150	$49,800	$-12,620
2 Bedroom BENCHMARK	$1,500	$5,000	$60,000	$-2,420
3 Bedroom	$1,830	$6,100	$73,200	+$10,780
4 Bedroom	$2,250	$7,500	$90,000	+$27,580

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$62,420

Annual household

2BR Required Salary

$60,000

Under 30% rule

Income Gap

+$2,420

Surplus

Verdict

Manageable

Ratio: 28.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Ferry Pass

Your Annual Salary

Pre-filled with Ferry Pass's median household income

Max monthly rent you can afford$1,561

Studio

$1,050/mo

1 BR

$1,245/mo

2 BR

$1,500/mo

3 BR

$1,830/mo

4 BR

$2,250/mo

Your salary is $0 above the median income in Ferry Pass.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Ferry Pass

Ferry Pass is borderline manageable — the difference between required salary and median income is just $2,420. 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 ($1,245/month) or studio ($1,050/month) materially improves the math. For those needing more space, a 3-bedroom in Ferry Pass pushes the required income to $73,200.

For comfortable living in Ferry Pass without financial stress, target a household income of at least $90,000 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Florida'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 Ferry Pass, Florida.

With a total population of 32,447, the city supports an active civilian workforce of 15,310 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $60,000 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

15,310

Active civilian employees in Ferry Pass

Frequently Asked Questions About Renting in Ferry Pass

What salary do I need to live in Ferry Pass, Florida?

To afford a 2-bedroom in Ferry Pass under the 30% rule, you need an annual salary of at least $60,000. The median household income in Ferry Pass is $62,420.

Can I afford a 2-bedroom in Ferry Pass on $62,420?

The affordability verdict for Ferry Pass is "Manageable". The rent-to-income ratio is 28.8%, meaning median earners have a $2,420 surplus.

What is the average rent in Ferry Pass compared to median income?

The median gross rent in Ferry Pass is $1,245/month. With a median household income of $62,420, residents spend approximately 28.8% of their income on rent.

What salary do I need for a studio in Ferry Pass?

A studio in Ferry Pass rents for approximately $1,050/month. Under the 30% rule, you need an annual salary of $42,000 to afford this.

Is Ferry Pass considered an affordable place to live?

Based on the surplus of $2,420 and an affordability verdict of "Manageable", Ferry Pass is considered a manageable rental market when comparing the required 2-bedroom salary of $60,000 to the local median household income.

How Ferry Pass Compares

Other cities in Florida with salary requirements