Affordable

What Salary Do You Need to Live in Fountain City?

To afford a 2-bedroom in Fountain City, you need to earn at least $33,360/year based on estimated fair market rent data. The median household income here is $48,802, which means the typical resident is $15,442 above the threshold.

Census ACS Data Pop. 773

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$584	$1,947	$23,360	$-25,442
1 Bedroom	$692	$2,307	$27,680	$-21,122
2 Bedroom BENCHMARK	$834	$2,780	$33,360	$-15,442
3 Bedroom	$1,017	$3,390	$40,680	$-8,122
4 Bedroom	$1,251	$4,170	$50,040	+$1,238

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$48,802

Annual household

2BR Required Salary

$33,360

Under 30% rule

Income Gap

+$15,442

Surplus

Verdict

Affordable

Ratio: 20.5%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Fountain City

Your Annual Salary

Pre-filled with Fountain City's median household income

Max monthly rent you can afford$1,220

Studio

$584/mo

1 BR

$692/mo

2 BR

$834/mo

3 BR

$1,017/mo

4 BR

$1,251/mo

Your salary is $0 above the median income in Fountain City.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Fountain City

Living in Fountain City is well within reach for most median-income earners. With a $15,442 cushion between what residents earn and what a 2-bedroom requires, households in Fountain City typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Fountain City, a studio at $584/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,017/month remains accessible for dual-income households earning above $40,680.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $50,040 would position you well — though many residents in Fountain City 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 Fountain City, Indiana.

With a total population of 773, the city supports an active civilian workforce of 383 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $33,360 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

383

Active civilian employees in Fountain City

Frequently Asked Questions About Renting in Fountain City

What salary do I need to live in Fountain City, Indiana?

To afford a 2-bedroom in Fountain City under the 30% rule, you need an annual salary of at least $33,360. The median household income in Fountain City is $48,802.

Can I afford a 2-bedroom in Fountain City on $48,802?

The affordability verdict for Fountain City is "Affordable". The rent-to-income ratio is 20.5%, meaning median earners have a $15,442 surplus.

What is the average rent in Fountain City compared to median income?

The median gross rent in Fountain City is $692/month. With a median household income of $48,802, residents spend approximately 20.5% of their income on rent.

What salary do I need for a studio in Fountain City?

A studio in Fountain City rents for approximately $584/month. Under the 30% rule, you need an annual salary of $23,360 to afford this.

Is Fountain City considered an affordable place to live?

Based on the surplus of $15,442 and an affordability verdict of "Affordable", Fountain City is considered a affordable rental market when comparing the required 2-bedroom salary of $33,360 to the local median household income.

How Fountain City Compares

Other cities in Indiana with salary requirements