Affordable

What Salary Do You Need to Live in Clermont?

To afford a 2-bedroom in Clermont, you need to earn at least $26,520/year based on estimated fair market rent data. The median household income here is $70,104, which means the typical resident is $43,584 above the threshold.

Census ACS Data Pop. 490

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$464	$1,547	$18,560	$-51,544
1 Bedroom	$550	$1,833	$22,000	$-48,104
2 Bedroom BENCHMARK	$663	$2,210	$26,520	$-43,584
3 Bedroom	$809	$2,697	$32,360	$-37,744
4 Bedroom	$995	$3,317	$39,800	$-30,304

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$70,104

Annual household

2BR Required Salary

$26,520

Under 30% rule

Income Gap

+$43,584

Surplus

Verdict

Affordable

Ratio: 11.3%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Clermont's median household income

Max monthly rent you can afford$1,753

Studio

$464/mo

1 BR

$550/mo

2 BR

$663/mo

3 BR

$809/mo

4 BR

$995/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Clermont

Clermont, Iowa stands out as one of the more financially accessible housing markets in the state. The median household income of $70,104 significantly exceeds the $26,520 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $43,584 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Clermont, a studio at $464/month offers an even more aggressive savings rate. Even a 3-bedroom at $809/month remains accessible for dual-income households earning above $32,360.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $39,780 would position you well — though many residents in Clermont 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 Clermont, Iowa.

With a total population of 490, the city supports an active civilian workforce of 266 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $26,520 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

266

Active civilian employees in Clermont

Frequently Asked Questions About Renting in Clermont

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

To afford a 2-bedroom in Clermont under the 30% rule, you need an annual salary of at least $26,520. The median household income in Clermont is $70,104.

Can I afford a 2-bedroom in Clermont on $70,104?

The affordability verdict for Clermont is "Affordable". The rent-to-income ratio is 11.3%, meaning median earners have a $43,584 surplus.

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

The median gross rent in Clermont is $550/month. With a median household income of $70,104, residents spend approximately 11.3% of their income on rent.

What salary do I need for a studio in Clermont?

A studio in Clermont rents for approximately $464/month. Under the 30% rule, you need an annual salary of $18,560 to afford this.

Is Clermont considered an affordable place to live?

Based on the surplus of $43,584 and an affordability verdict of "Affordable", Clermont is considered a affordable rental market when comparing the required 2-bedroom salary of $26,520 to the local median household income.

How Clermont Compares

Other cities in Iowa with salary requirements