Manageable

What Salary Do You Need to Live in Oak Grove?

To afford a 2-bedroom in Oak Grove, you need to earn at least $36,760/year based on estimated fair market rent data. The median household income here is $40,486, which means the typical resident is $3,726 above the threshold.

Census ACS Data Pop. 353

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$643	$2,143	$25,720	$-14,766
1 Bedroom	$763	$2,543	$30,520	$-9,966
2 Bedroom BENCHMARK	$919	$3,063	$36,760	$-3,726
3 Bedroom	$1,121	$3,737	$44,840	+$4,354
4 Bedroom	$1,379	$4,597	$55,160	+$14,674

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$40,486

Annual household

2BR Required Salary

$36,760

Under 30% rule

Income Gap

+$3,726

Surplus

Verdict

Manageable

Ratio: 27.2%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Oak Grove

Your Annual Salary

Pre-filled with Oak Grove's median household income

Max monthly rent you can afford$1,012

Studio

$643/mo

1 BR

$763/mo

2 BR

$919/mo

3 BR

$1,121/mo

4 BR

$1,379/mo

Your salary is $0 above the median income in Oak Grove.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Oak Grove

Oak Grove is borderline manageable — the difference between required salary and median income is just $3,726. This means most households can technically afford a 2-bedroom, but have very little breathing room for savings or emergencies.

Downsizing to a 1-bedroom ($763/month) or studio ($643/month) materially improves the math. For those needing more space, a 3-bedroom in Oak Grove pushes the required income to $44,840.

For comfortable living in Oak Grove without financial stress, target a household income of at least $55,140 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Illinois's cost of living.

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 Oak Grove, Illinois.

With a total population of 353, the city supports an active civilian workforce of 173 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $36,760 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

173

Active civilian employees in Oak Grove

Frequently Asked Questions About Renting in Oak Grove

What salary do I need to live in Oak Grove, Illinois?

To afford a 2-bedroom in Oak Grove under the 30% rule, you need an annual salary of at least $36,760. The median household income in Oak Grove is $40,486.

Can I afford a 2-bedroom in Oak Grove on $40,486?

The affordability verdict for Oak Grove is "Manageable". The rent-to-income ratio is 27.2%, meaning median earners have a $3,726 surplus.

What is the average rent in Oak Grove compared to median income?

The median gross rent in Oak Grove is $763/month. With a median household income of $40,486, residents spend approximately 27.2% of their income on rent.

What salary do I need for a studio in Oak Grove?

A studio in Oak Grove rents for approximately $643/month. Under the 30% rule, you need an annual salary of $25,720 to afford this.

Is Oak Grove considered an affordable place to live?

Based on the surplus of $3,726 and an affordability verdict of "Manageable", Oak Grove is considered a manageable rental market when comparing the required 2-bedroom salary of $36,760 to the local median household income.

How Oak Grove Compares

Other cities in Illinois with salary requirements