Affordable

What Salary Do You Need to Live in Seymour?

To afford a 2-bedroom in Seymour, you need to earn at least $43,600/year based on estimated fair market rent data. The median household income here is $57,347, which means the typical resident is $13,747 above the threshold.

Census ACS Data Pop. 21,373

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$763	$2,543	$30,520	$-26,827
1 Bedroom	$905	$3,017	$36,200	$-21,147
2 Bedroom BENCHMARK	$1,090	$3,633	$43,600	$-13,747
3 Bedroom	$1,330	$4,433	$53,200	$-4,147
4 Bedroom	$1,635	$5,450	$65,400	+$8,053

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$57,347

Annual household

2BR Required Salary

$43,600

Under 30% rule

Income Gap

+$13,747

Surplus

Verdict

Affordable

Ratio: 22.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Seymour's median household income

Max monthly rent you can afford$1,434

Studio

$763/mo

1 BR

$905/mo

2 BR

$1,090/mo

3 BR

$1,330/mo

4 BR

$1,635/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Seymour

Living in Seymour is well within reach for most median-income earners. With a $13,747 cushion between what residents earn and what a 2-bedroom requires, households in Seymour typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Seymour, a studio at $763/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,330/month remains accessible for dual-income households earning above $53,200.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $65,400 would position you well — though many residents in Seymour 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 Seymour, Indiana.

With a total population of 21,373, the city supports an active civilian workforce of 10,297 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $43,600 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

10,297

Active civilian employees in Seymour

Frequently Asked Questions About Renting in Seymour

What salary do I need to live in Seymour, Indiana?

To afford a 2-bedroom in Seymour under the 30% rule, you need an annual salary of at least $43,600. The median household income in Seymour is $57,347.

Can I afford a 2-bedroom in Seymour on $57,347?

The affordability verdict for Seymour is "Affordable". The rent-to-income ratio is 22.8%, meaning median earners have a $13,747 surplus.

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

The median gross rent in Seymour is $905/month. With a median household income of $57,347, residents spend approximately 22.8% of their income on rent.

What salary do I need for a studio in Seymour?

A studio in Seymour rents for approximately $763/month. Under the 30% rule, you need an annual salary of $30,520 to afford this.

Is Seymour considered an affordable place to live?

Based on the surplus of $13,747 and an affordability verdict of "Affordable", Seymour is considered a affordable rental market when comparing the required 2-bedroom salary of $43,600 to the local median household income.

How Seymour Compares

Other cities in Indiana with salary requirements