Manageable

What Salary Do You Need to Live in Weldon?

To afford a 2-bedroom in Weldon, you need to earn at least $41,800/year based on estimated fair market rent data. The median household income here is $46,625, which means the typical resident is $4,825 above the threshold.

Census ACS Data Pop. 298

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$732	$2,440	$29,280	$-17,345
1 Bedroom	$867	$2,890	$34,680	$-11,945
2 Bedroom BENCHMARK	$1,045	$3,483	$41,800	$-4,825
3 Bedroom	$1,275	$4,250	$51,000	+$4,375
4 Bedroom	$1,568	$5,227	$62,720	+$16,095

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$46,625

Annual household

2BR Required Salary

$41,800

Under 30% rule

Income Gap

+$4,825

Surplus

Verdict

Manageable

Ratio: 26.9%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Weldon's median household income

Max monthly rent you can afford$1,166

Studio

$732/mo

1 BR

$867/mo

2 BR

$1,045/mo

3 BR

$1,275/mo

4 BR

$1,568/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Weldon

Weldon is borderline manageable — the difference between required salary and median income is just $4,825. 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 ($867/month) or studio ($732/month) materially improves the math. For those needing more space, a 3-bedroom in Weldon pushes the required income to $51,000.

For comfortable living in Weldon without financial stress, target a household income of at least $62,700 — 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 Weldon, Illinois.

With a total population of 298, the city supports an active civilian workforce of 133 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $41,800 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

133

Active civilian employees in Weldon

Frequently Asked Questions About Renting in Weldon

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

To afford a 2-bedroom in Weldon under the 30% rule, you need an annual salary of at least $41,800. The median household income in Weldon is $46,625.

Can I afford a 2-bedroom in Weldon on $46,625?

The affordability verdict for Weldon is "Manageable". The rent-to-income ratio is 26.9%, meaning median earners have a $4,825 surplus.

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

The median gross rent in Weldon is $867/month. With a median household income of $46,625, residents spend approximately 26.9% of their income on rent.

What salary do I need for a studio in Weldon?

A studio in Weldon rents for approximately $732/month. Under the 30% rule, you need an annual salary of $29,280 to afford this.

Is Weldon considered an affordable place to live?

Based on the surplus of $4,825 and an affordability verdict of "Manageable", Weldon is considered a manageable rental market when comparing the required 2-bedroom salary of $41,800 to the local median household income.

How Weldon Compares

Other cities in Illinois with salary requirements