Affordable

What Salary Do You Need to Live in Hampton?

To afford a 2-bedroom in Hampton, you need to earn at least $46,840/year based on estimated fair market rent data. The median household income here is $81,287, which means the typical resident is $34,447 above the threshold.

Census ACS Data Pop. 2,063

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$820	$2,733	$32,800	$-48,487
1 Bedroom	$972	$3,240	$38,880	$-42,407
2 Bedroom BENCHMARK	$1,171	$3,903	$46,840	$-34,447
3 Bedroom	$1,429	$4,763	$57,160	$-24,127
4 Bedroom	$1,757	$5,857	$70,280	$-11,007

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$81,287

Annual household

2BR Required Salary

$46,840

Under 30% rule

Income Gap

+$34,447

Surplus

Verdict

Affordable

Ratio: 17.3%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Hampton's median household income

Max monthly rent you can afford$2,032

Studio

$820/mo

1 BR

$972/mo

2 BR

$1,171/mo

3 BR

$1,429/mo

4 BR

$1,757/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Hampton

Hampton, Illinois stands out as one of the more financially accessible housing markets in the state. The median household income of $81,287 significantly exceeds the $46,840 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $34,447 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Hampton, a studio at $820/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,429/month remains accessible for dual-income households earning above $57,160.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $70,260 would position you well — though many residents in Hampton 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 Hampton, Illinois.

With a total population of 2,063, the city supports an active civilian workforce of 977 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $46,840 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

977

Active civilian employees in Hampton

Frequently Asked Questions About Renting in Hampton

What salary do I need to live in Hampton, Illinois?

To afford a 2-bedroom in Hampton under the 30% rule, you need an annual salary of at least $46,840. The median household income in Hampton is $81,287.

Can I afford a 2-bedroom in Hampton on $81,287?

The affordability verdict for Hampton is "Affordable". The rent-to-income ratio is 17.3%, meaning median earners have a $34,447 surplus.

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

The median gross rent in Hampton is $972/month. With a median household income of $81,287, residents spend approximately 17.3% of their income on rent.

What salary do I need for a studio in Hampton?

A studio in Hampton rents for approximately $820/month. Under the 30% rule, you need an annual salary of $32,800 to afford this.

Is Hampton considered an affordable place to live?

Based on the surplus of $34,447 and an affordability verdict of "Affordable", Hampton is considered a affordable rental market when comparing the required 2-bedroom salary of $46,840 to the local median household income.

How Hampton Compares

Other cities in Illinois with salary requirements