Stretched

What Salary Do You Need to Live in Progress Village?

To afford a 2-bedroom in Progress Village, you need to earn at least $83,040/year based on estimated fair market rent data. The median household income here is $77,677, which means the typical resident is $5,363 below the threshold.

Census ACS Data Pop. 10,096

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,453	$4,843	$58,120	$-19,557
1 Bedroom	$1,723	$5,743	$68,920	$-8,757
2 Bedroom BENCHMARK	$2,076	$6,920	$83,040	+$5,363
3 Bedroom	$2,533	$8,443	$101,320	+$23,643
4 Bedroom	$3,114	$10,380	$124,560	+$46,883

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$77,677

Annual household

2BR Required Salary

$83,040

Under 30% rule

Income Gap

-$5,363

Deficit

Verdict

Stretched

Ratio: 32.1%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Progress Village

Your Annual Salary

Pre-filled with Progress Village's median household income

Max monthly rent you can afford$1,942

Studio

$1,453/mo

1 BR

$1,723/mo

2 BR

$2,076/mo

3 BR

$2,533/mo

4 BR

$3,114/mo

Your salary is $0 above the median income in Progress Village.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Progress Village

Progress Village's rental market puts real pressure on median earners. A 2-bedroom at $2,076/month requires $83,040/year — about $5,363 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Progress Village, target the studio or 1-bedroom tier ($1,453–$1,723/month) unless your income exceeds $83,040. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $1,038/month.

The break-even salary for comfortable living in Progress Village is approximately $124,560. 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 Progress Village, Florida.

With a total population of 10,096, the city supports an active civilian workforce of 6,061 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $83,040 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

6,061

Active civilian employees in Progress Village

Frequently Asked Questions About Renting in Progress Village

What salary do I need to live in Progress Village, Florida?

To afford a 2-bedroom in Progress Village under the 30% rule, you need an annual salary of at least $83,040. The median household income in Progress Village is $77,677.

Can I afford a 2-bedroom in Progress Village on $77,677?

The affordability verdict for Progress Village is "Stretched". The rent-to-income ratio is 32.1%, meaning there's a $5,363 income gap.

What is the average rent in Progress Village compared to median income?

The median gross rent in Progress Village is $1,723/month. With a median household income of $77,677, residents spend approximately 32.1% of their income on rent.

What salary do I need for a studio in Progress Village?

A studio in Progress Village rents for approximately $1,453/month. Under the 30% rule, you need an annual salary of $58,120 to afford this.

Is Progress Village considered an affordable place to live?

Based on the deficit of $5,363 and an affordability verdict of "Stretched", Progress Village is considered a stretched rental market when comparing the required 2-bedroom salary of $83,040 to the local median household income.

How Progress Village Compares

Other cities in Florida with salary requirements