Affordable

What Salary Do You Need to Live in Percy?

To afford a 2-bedroom in Percy, you need to earn at least $31,440/year based on estimated fair market rent data. The median household income here is $40,556, which means the typical resident is $9,116 above the threshold.

Census ACS Data Pop. 1,076

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$550	$1,833	$22,000	$-18,556
1 Bedroom	$652	$2,173	$26,080	$-14,476
2 Bedroom BENCHMARK	$786	$2,620	$31,440	$-9,116
3 Bedroom	$959	$3,197	$38,360	$-2,196
4 Bedroom	$1,179	$3,930	$47,160	+$6,604

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$40,556

Annual household

2BR Required Salary

$31,440

Under 30% rule

Income Gap

+$9,116

Surplus

Verdict

Affordable

Ratio: 23.3%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Percy's median household income

Max monthly rent you can afford$1,014

Studio

$550/mo

1 BR

$652/mo

2 BR

$786/mo

3 BR

$959/mo

4 BR

$1,179/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Percy

Living in Percy is well within reach for most median-income earners. With a $9,116 cushion between what residents earn and what a 2-bedroom requires, households in Percy typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Percy, a studio at $550/month offers an even more aggressive savings rate. Even a 3-bedroom at $959/month remains accessible for dual-income households earning above $38,360.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $47,160 would position you well — though many residents in Percy 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 Percy, Illinois.

With a total population of 1,076, the city supports an active civilian workforce of 413 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $31,440 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

413

Active civilian employees in Percy

Frequently Asked Questions About Renting in Percy

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

To afford a 2-bedroom in Percy under the 30% rule, you need an annual salary of at least $31,440. The median household income in Percy is $40,556.

Can I afford a 2-bedroom in Percy on $40,556?

The affordability verdict for Percy is "Affordable". The rent-to-income ratio is 23.3%, meaning median earners have a $9,116 surplus.

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

The median gross rent in Percy is $652/month. With a median household income of $40,556, residents spend approximately 23.3% of their income on rent.

What salary do I need for a studio in Percy?

A studio in Percy rents for approximately $550/month. Under the 30% rule, you need an annual salary of $22,000 to afford this.

Is Percy considered an affordable place to live?

Based on the surplus of $9,116 and an affordability verdict of "Affordable", Percy is considered a affordable rental market when comparing the required 2-bedroom salary of $31,440 to the local median household income.

How Percy Compares

Other cities in Illinois with salary requirements