Affordable

What Salary Do You Need to Live in Craigmont?

To afford a 2-bedroom in Craigmont, you need to earn at least $44,200/year based on estimated fair market rent data. The median household income here is $55,139, which means the typical resident is $10,939 above the threshold.

Census ACS Data Pop. 501

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$774	$2,580	$30,960	$-24,179
1 Bedroom	$917	$3,057	$36,680	$-18,459
2 Bedroom BENCHMARK	$1,105	$3,683	$44,200	$-10,939
3 Bedroom	$1,348	$4,493	$53,920	$-1,219
4 Bedroom	$1,658	$5,527	$66,320	+$11,181

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$55,139

Annual household

2BR Required Salary

$44,200

Under 30% rule

Income Gap

+$10,939

Surplus

Verdict

Affordable

Ratio: 24.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Craigmont

Your Annual Salary

Pre-filled with Craigmont's median household income

Max monthly rent you can afford$1,378

Studio

$774/mo

1 BR

$917/mo

2 BR

$1,105/mo

3 BR

$1,348/mo

4 BR

$1,658/mo

Your salary is $0 above the median income in Craigmont.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Craigmont

Living in Craigmont is well within reach for most median-income earners. With a $10,939 cushion between what residents earn and what a 2-bedroom requires, households in Craigmont typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Craigmont, a studio at $774/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,348/month remains accessible for dual-income households earning above $53,920.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $66,300 would position you well — though many residents in Craigmont 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 Craigmont, Idaho.

With a total population of 501, the city supports an active civilian workforce of 226 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $44,200 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

226

Active civilian employees in Craigmont

Frequently Asked Questions About Renting in Craigmont

What salary do I need to live in Craigmont, Idaho?

To afford a 2-bedroom in Craigmont under the 30% rule, you need an annual salary of at least $44,200. The median household income in Craigmont is $55,139.

Can I afford a 2-bedroom in Craigmont on $55,139?

The affordability verdict for Craigmont is "Affordable". The rent-to-income ratio is 24.0%, meaning median earners have a $10,939 surplus.

What is the average rent in Craigmont compared to median income?

The median gross rent in Craigmont is $917/month. With a median household income of $55,139, residents spend approximately 24.0% of their income on rent.

What salary do I need for a studio in Craigmont?

A studio in Craigmont rents for approximately $774/month. Under the 30% rule, you need an annual salary of $30,960 to afford this.

Is Craigmont considered an affordable place to live?

Based on the surplus of $10,939 and an affordability verdict of "Affordable", Craigmont is considered a affordable rental market when comparing the required 2-bedroom salary of $44,200 to the local median household income.

How Craigmont Compares

Other cities in Idaho with salary requirements