Affordable

What Salary Do You Need to Live in Davis Junction?

To afford a 2-bedroom in Davis Junction, you need to earn at least $54,200/year based on estimated fair market rent data. The median household income here is $97,788, which means the typical resident is $43,588 above the threshold.

Census ACS Data Pop. 2,697

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$948	$3,160	$37,920	$-59,868
1 Bedroom	$1,125	$3,750	$45,000	$-52,788
2 Bedroom BENCHMARK	$1,355	$4,517	$54,200	$-43,588
3 Bedroom	$1,653	$5,510	$66,120	$-31,668
4 Bedroom	$2,033	$6,777	$81,320	$-16,468

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$97,788

Annual household

2BR Required Salary

$54,200

Under 30% rule

Income Gap

+$43,588

Surplus

Verdict

Affordable

Ratio: 16.6%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Davis Junction

Your Annual Salary

Pre-filled with Davis Junction's median household income

Max monthly rent you can afford$2,445

Studio

$948/mo

1 BR

$1,125/mo

2 BR

$1,355/mo

3 BR

$1,653/mo

4 BR

$2,033/mo

Your salary is $0 above the median income in Davis Junction.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Davis Junction

Davis Junction, Illinois stands out as one of the more financially accessible housing markets in the state. The median household income of $97,788 significantly exceeds the $54,200 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $43,588 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Davis Junction, a studio at $948/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,653/month remains accessible for dual-income households earning above $66,120.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $81,300 would position you well — though many residents in Davis Junction 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 Davis Junction, Illinois.

With a total population of 2,697, the city supports an active civilian workforce of 1,324 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $54,200 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

1,324

Active civilian employees in Davis Junction

Frequently Asked Questions About Renting in Davis Junction

What salary do I need to live in Davis Junction, Illinois?

To afford a 2-bedroom in Davis Junction under the 30% rule, you need an annual salary of at least $54,200. The median household income in Davis Junction is $97,788.

Can I afford a 2-bedroom in Davis Junction on $97,788?

The affordability verdict for Davis Junction is "Affordable". The rent-to-income ratio is 16.6%, meaning median earners have a $43,588 surplus.

What is the average rent in Davis Junction compared to median income?

The median gross rent in Davis Junction is $1,125/month. With a median household income of $97,788, residents spend approximately 16.6% of their income on rent.

What salary do I need for a studio in Davis Junction?

A studio in Davis Junction rents for approximately $948/month. Under the 30% rule, you need an annual salary of $37,920 to afford this.

Is Davis Junction considered an affordable place to live?

Based on the surplus of $43,588 and an affordability verdict of "Affordable", Davis Junction is considered a affordable rental market when comparing the required 2-bedroom salary of $54,200 to the local median household income.

How Davis Junction Compares

Other cities in Illinois with salary requirements