Affordable

What Salary Do You Need to Live in Southport?

To afford a 2-bedroom in Southport, you need to earn at least $54,440/year based on estimated fair market rent data. The median household income here is $68,182, which means the typical resident is $13,742 above the threshold.

Census ACS Data Pop. 2,088

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$953	$3,177	$38,120	$-30,062
1 Bedroom	$1,130	$3,767	$45,200	$-22,982
2 Bedroom BENCHMARK	$1,361	$4,537	$54,440	$-13,742
3 Bedroom	$1,660	$5,533	$66,400	$-1,782
4 Bedroom	$2,042	$6,807	$81,680	+$13,498

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$68,182

Annual household

2BR Required Salary

$54,440

Under 30% rule

Income Gap

+$13,742

Surplus

Verdict

Affordable

Ratio: 24.0%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Southport's median household income

Max monthly rent you can afford$1,705

Studio

$953/mo

1 BR

$1,130/mo

2 BR

$1,361/mo

3 BR

$1,660/mo

4 BR

$2,042/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Southport

Living in Southport is well within reach for most median-income earners. With a $13,742 cushion between what residents earn and what a 2-bedroom requires, households in Southport typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Southport, a studio at $953/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,660/month remains accessible for dual-income households earning above $66,400.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $81,660 would position you well — though many residents in Southport 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 Southport, Indiana.

With a total population of 2,088, the city supports an active civilian workforce of 960 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $54,440 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

960

Active civilian employees in Southport

Frequently Asked Questions About Renting in Southport

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

To afford a 2-bedroom in Southport under the 30% rule, you need an annual salary of at least $54,440. The median household income in Southport is $68,182.

Can I afford a 2-bedroom in Southport on $68,182?

The affordability verdict for Southport is "Affordable". The rent-to-income ratio is 24.0%, meaning median earners have a $13,742 surplus.

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

The median gross rent in Southport is $1,130/month. With a median household income of $68,182, residents spend approximately 24.0% of their income on rent.

What salary do I need for a studio in Southport?

A studio in Southport rents for approximately $953/month. Under the 30% rule, you need an annual salary of $38,120 to afford this.

Is Southport considered an affordable place to live?

Based on the surplus of $13,742 and an affordability verdict of "Affordable", Southport is considered a affordable rental market when comparing the required 2-bedroom salary of $54,440 to the local median household income.

How Southport Compares

Other cities in Indiana with salary requirements