Affordable

What Salary Do You Need to Live in Casey?

To afford a 2-bedroom in Casey, you need to earn at least $40,960/year based on estimated fair market rent data. The median household income here is $51,750, which means the typical resident is $10,790 above the threshold.

Census ACS Data Pop. 375

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$717	$2,390	$28,680	$-23,070
1 Bedroom	$850	$2,833	$34,000	$-17,750
2 Bedroom BENCHMARK	$1,024	$3,413	$40,960	$-10,790
3 Bedroom	$1,249	$4,163	$49,960	$-1,790
4 Bedroom	$1,536	$5,120	$61,440	+$9,690

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$51,750

Annual household

2BR Required Salary

$40,960

Under 30% rule

Income Gap

+$10,790

Surplus

Verdict

Affordable

Ratio: 23.7%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Casey's median household income

Max monthly rent you can afford$1,294

Studio

$717/mo

1 BR

$850/mo

2 BR

$1,024/mo

3 BR

$1,249/mo

4 BR

$1,536/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Casey

Living in Casey is well within reach for most median-income earners. With a $10,790 cushion between what residents earn and what a 2-bedroom requires, households in Casey typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Casey, a studio at $717/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,249/month remains accessible for dual-income households earning above $49,960.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $61,440 would position you well — though many residents in Casey 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 Casey, Iowa.

With a total population of 375, the city supports an active civilian workforce of 173 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,960 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

173

Active civilian employees in Casey

Frequently Asked Questions About Renting in Casey

What salary do I need to live in Casey, Iowa?

To afford a 2-bedroom in Casey under the 30% rule, you need an annual salary of at least $40,960. The median household income in Casey is $51,750.

Can I afford a 2-bedroom in Casey on $51,750?

The affordability verdict for Casey is "Affordable". The rent-to-income ratio is 23.7%, meaning median earners have a $10,790 surplus.

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

The median gross rent in Casey is $850/month. With a median household income of $51,750, residents spend approximately 23.7% of their income on rent.

What salary do I need for a studio in Casey?

A studio in Casey rents for approximately $717/month. Under the 30% rule, you need an annual salary of $28,680 to afford this.

Is Casey considered an affordable place to live?

Based on the surplus of $10,790 and an affordability verdict of "Affordable", Casey is considered a affordable rental market when comparing the required 2-bedroom salary of $40,960 to the local median household income.

How Casey Compares

Other cities in Iowa with salary requirements