Affordable

What Salary Do You Need to Live in St. Joe?

To afford a 2-bedroom in St. Joe, you need to earn at least $29,920/year based on estimated fair market rent data. The median household income here is $48,125, which means the typical resident is $18,205 above the threshold.

Census ACS Data Pop. 429

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$524	$1,747	$20,960	$-27,165
1 Bedroom	$621	$2,070	$24,840	$-23,285
2 Bedroom BENCHMARK	$748	$2,493	$29,920	$-18,205
3 Bedroom	$913	$3,043	$36,520	$-11,605
4 Bedroom	$1,122	$3,740	$44,880	$-3,245

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$48,125

Annual household

2BR Required Salary

$29,920

Under 30% rule

Income Gap

+$18,205

Surplus

Verdict

Affordable

Ratio: 18.7%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in St. Joe

Your Annual Salary

Pre-filled with St. Joe's median household income

Max monthly rent you can afford$1,203

Studio

$524/mo

1 BR

$621/mo

2 BR

$748/mo

3 BR

$913/mo

4 BR

$1,122/mo

Your salary is $0 above the median income in St. Joe.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to St. Joe

Living in St. Joe is well within reach for most median-income earners. With a $18,205 cushion between what residents earn and what a 2-bedroom requires, households in St. Joe typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating St. Joe, a studio at $524/month offers an even more aggressive savings rate. Even a 3-bedroom at $913/month remains accessible for dual-income households earning above $36,520.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $44,880 would position you well — though many residents in St. Joe 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 St. Joe, Indiana.

With a total population of 429, the city supports an active civilian workforce of 179 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $29,920 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

179

Active civilian employees in St. Joe

Frequently Asked Questions About Renting in St. Joe

What salary do I need to live in St. Joe, Indiana?

To afford a 2-bedroom in St. Joe under the 30% rule, you need an annual salary of at least $29,920. The median household income in St. Joe is $48,125.

Can I afford a 2-bedroom in St. Joe on $48,125?

The affordability verdict for St. Joe is "Affordable". The rent-to-income ratio is 18.7%, meaning median earners have a $18,205 surplus.

What is the average rent in St. Joe compared to median income?

The median gross rent in St. Joe is $621/month. With a median household income of $48,125, residents spend approximately 18.7% of their income on rent.

What salary do I need for a studio in St. Joe?

A studio in St. Joe rents for approximately $524/month. Under the 30% rule, you need an annual salary of $20,960 to afford this.

Is St. Joe considered an affordable place to live?

Based on the surplus of $18,205 and an affordability verdict of "Affordable", St. Joe is considered a affordable rental market when comparing the required 2-bedroom salary of $29,920 to the local median household income.

How St. Joe Compares

Other cities in Indiana with salary requirements