Manageable

What Salary Do You Need to Live in Five Points?

To afford a 2-bedroom in Five Points, you need to earn at least $34,560/year based on estimated fair market rent data. The median household income here is $40,000, which means the typical resident is $5,440 above the threshold.

Census ACS Data Pop. 1,022

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$605	$2,017	$24,200	$-15,800
1 Bedroom	$717	$2,390	$28,680	$-11,320
2 Bedroom BENCHMARK	$864	$2,880	$34,560	$-5,440
3 Bedroom	$1,054	$3,513	$42,160	+$2,160
4 Bedroom	$1,296	$4,320	$51,840	+$11,840

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$40,000

Annual household

2BR Required Salary

$34,560

Under 30% rule

Income Gap

+$5,440

Surplus

Verdict

Manageable

Ratio: 25.9%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Five Points

Your Annual Salary

Pre-filled with Five Points's median household income

Max monthly rent you can afford$1,000

Studio

$605/mo

1 BR

$717/mo

2 BR

$864/mo

3 BR

$1,054/mo

4 BR

$1,296/mo

Your salary is $0 above the median income in Five Points.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Five Points

Renting in Five Points, Florida is doable for median earners, but tight. A 2-bedroom requires roughly $34,560/year under the 30% rule, and with a median income of $40,000, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($717/month) or studio ($605/month) materially improves the math. For those needing more space, a 3-bedroom in Five Points pushes the required income to $42,160.

For comfortable living in Five Points without financial stress, target a household income of at least $51,840 — 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 Five Points, Florida.

With a total population of 1,022, the city supports an active civilian workforce of 281 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,560 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

281

Active civilian employees in Five Points

Frequently Asked Questions About Renting in Five Points

What salary do I need to live in Five Points, Florida?

To afford a 2-bedroom in Five Points under the 30% rule, you need an annual salary of at least $34,560. The median household income in Five Points is $40,000.

Can I afford a 2-bedroom in Five Points on $40,000?

The affordability verdict for Five Points is "Manageable". The rent-to-income ratio is 25.9%, meaning median earners have a $5,440 surplus.

What is the average rent in Five Points compared to median income?

The median gross rent in Five Points is $717/month. With a median household income of $40,000, residents spend approximately 25.9% of their income on rent.

What salary do I need for a studio in Five Points?

A studio in Five Points rents for approximately $605/month. Under the 30% rule, you need an annual salary of $24,200 to afford this.

Is Five Points considered an affordable place to live?

Based on the surplus of $5,440 and an affordability verdict of "Manageable", Five Points is considered a manageable rental market when comparing the required 2-bedroom salary of $34,560 to the local median household income.

How Five Points Compares

Other cities in Florida with salary requirements