Stretched

What Salary Do You Need to Live in Ormond-by-the-Sea?

To afford a 2-bedroom in Ormond-by-the-Sea, you need to earn at least $67,760/year based on estimated fair market rent data. The median household income here is $59,598, which means the typical resident is $8,162 below the threshold.

Census ACS Data Pop. 6,668

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,186	$3,953	$47,440	$-12,158
1 Bedroom	$1,406	$4,687	$56,240	$-3,358
2 Bedroom BENCHMARK	$1,694	$5,647	$67,760	+$8,162
3 Bedroom	$2,067	$6,890	$82,680	+$23,082
4 Bedroom	$2,541	$8,470	$101,640	+$42,042

Affordability Breakdown

Where the required salary line crosses above Ormond-by-the-Sea's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$59,598

Annual household

2BR Required Salary

$67,760

Under 30% rule

Income Gap

-$8,162

Deficit

Verdict

Stretched

Ratio: 34.1%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Ormond-by-the-Sea

Your Annual Salary

Pre-filled with Ormond-by-the-Sea's median household income

Max monthly rent you can afford$1,490

Studio

$1,186/mo

1 BR

$1,406/mo

2 BR

$1,694/mo

3 BR

$2,067/mo

4 BR

$2,541/mo

Your salary is $0 above the median income in Ormond-by-the-Sea.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Ormond-by-the-Sea

Ormond-by-the-Sea's rental market puts real pressure on median earners. A 2-bedroom at $1,694/month requires $67,760/year — about $8,162 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Ormond-by-the-Sea, target the studio or 1-bedroom tier ($1,186–$1,406/month) unless your income exceeds $67,760. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $847/month.

The break-even salary for comfortable living in Ormond-by-the-Sea is approximately $101,640. 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 Ormond-by-the-Sea, Florida.

With a total population of 6,668, the city supports an active civilian workforce of 2,606 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $67,760 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

2,606

Active civilian employees in Ormond-by-the-Sea

Frequently Asked Questions About Renting in Ormond-by-the-Sea

What salary do I need to live in Ormond-by-the-Sea, Florida?

To afford a 2-bedroom in Ormond-by-the-Sea under the 30% rule, you need an annual salary of at least $67,760. The median household income in Ormond-by-the-Sea is $59,598.

Can I afford a 2-bedroom in Ormond-by-the-Sea on $59,598?

The affordability verdict for Ormond-by-the-Sea is "Stretched". The rent-to-income ratio is 34.1%, meaning there's a $8,162 income gap.

What is the average rent in Ormond-by-the-Sea compared to median income?

The median gross rent in Ormond-by-the-Sea is $1,406/month. With a median household income of $59,598, residents spend approximately 34.1% of their income on rent.

What salary do I need for a studio in Ormond-by-the-Sea?

A studio in Ormond-by-the-Sea rents for approximately $1,186/month. Under the 30% rule, you need an annual salary of $47,440 to afford this.

Is Ormond-by-the-Sea considered an affordable place to live?

Based on the deficit of $8,162 and an affordability verdict of "Stretched", Ormond-by-the-Sea is considered a stretched rental market when comparing the required 2-bedroom salary of $67,760 to the local median household income.

How Ormond-by-the-Sea Compares

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