Affordable

What Salary Do You Need to Live in Laurel Hill?

To afford a 2-bedroom in Laurel Hill, you need to earn at least $39,200/year based on estimated fair market rent data. The median household income here is $58,967, which means the typical resident is $19,767 above the threshold.

Census ACS Data Pop. 469

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$686	$2,287	$27,440	$-31,527
1 Bedroom	$813	$2,710	$32,520	$-26,447
2 Bedroom BENCHMARK	$980	$3,267	$39,200	$-19,767
3 Bedroom	$1,196	$3,987	$47,840	$-11,127
4 Bedroom	$1,470	$4,900	$58,800	$-167

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$58,967

Annual household

2BR Required Salary

$39,200

Under 30% rule

Income Gap

+$19,767

Surplus

Verdict

Affordable

Ratio: 19.9%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Laurel Hill

Your Annual Salary

Pre-filled with Laurel Hill's median household income

Max monthly rent you can afford$1,474

Studio

$686/mo

1 BR

$813/mo

2 BR

$980/mo

3 BR

$1,196/mo

4 BR

$1,470/mo

Your salary is $0 above the median income in Laurel Hill.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Laurel Hill

Living in Laurel Hill is well within reach for most median-income earners. With a $19,767 cushion between what residents earn and what a 2-bedroom requires, households in Laurel Hill typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Laurel Hill, a studio at $686/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,196/month remains accessible for dual-income households earning above $47,840.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $58,800 would position you well — though many residents in Laurel Hill manage on less given the favorable rent-to-income dynamics.

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 Laurel Hill, Florida.

With a total population of 469, the city supports an active civilian workforce of 192 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $39,200 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

192

Active civilian employees in Laurel Hill

Frequently Asked Questions About Renting in Laurel Hill

What salary do I need to live in Laurel Hill, Florida?

To afford a 2-bedroom in Laurel Hill under the 30% rule, you need an annual salary of at least $39,200. The median household income in Laurel Hill is $58,967.

Can I afford a 2-bedroom in Laurel Hill on $58,967?

The affordability verdict for Laurel Hill is "Affordable". The rent-to-income ratio is 19.9%, meaning median earners have a $19,767 surplus.

What is the average rent in Laurel Hill compared to median income?

The median gross rent in Laurel Hill is $813/month. With a median household income of $58,967, residents spend approximately 19.9% of their income on rent.

What salary do I need for a studio in Laurel Hill?

A studio in Laurel Hill rents for approximately $686/month. Under the 30% rule, you need an annual salary of $27,440 to afford this.

Is Laurel Hill considered an affordable place to live?

Based on the surplus of $19,767 and an affordability verdict of "Affordable", Laurel Hill is considered a affordable rental market when comparing the required 2-bedroom salary of $39,200 to the local median household income.

How Laurel Hill Compares

Other cities in Florida with salary requirements