Affordable

What Salary Do You Need to Live in Epworth?

To afford a 2-bedroom in Epworth, you need to earn at least $40,440/year based on estimated fair market rent data. The median household income here is $69,188, which means the typical resident is $28,748 above the threshold.

Census ACS Data Pop. 1,982

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$708	$2,360	$28,320	$-40,868
1 Bedroom	$839	$2,797	$33,560	$-35,628
2 Bedroom BENCHMARK	$1,011	$3,370	$40,440	$-28,748
3 Bedroom	$1,233	$4,110	$49,320	$-19,868
4 Bedroom	$1,517	$5,057	$60,680	$-8,508

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$69,188

Annual household

2BR Required Salary

$40,440

Under 30% rule

Income Gap

+$28,748

Surplus

Verdict

Affordable

Ratio: 17.5%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Epworth's median household income

Max monthly rent you can afford$1,730

Studio

$708/mo

1 BR

$839/mo

2 BR

$1,011/mo

3 BR

$1,233/mo

4 BR

$1,517/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Epworth

Epworth, Iowa stands out as one of the more financially accessible housing markets in the state. The median household income of $69,188 significantly exceeds the $40,440 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $28,748 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Epworth, a studio at $708/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,233/month remains accessible for dual-income households earning above $49,320.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $60,660 would position you well — though many residents in Epworth 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 Epworth, Iowa.

With a total population of 1,982, the city supports an active civilian workforce of 1,020 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,440 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

1,020

Active civilian employees in Epworth

Frequently Asked Questions About Renting in Epworth

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

To afford a 2-bedroom in Epworth under the 30% rule, you need an annual salary of at least $40,440. The median household income in Epworth is $69,188.

Can I afford a 2-bedroom in Epworth on $69,188?

The affordability verdict for Epworth is "Affordable". The rent-to-income ratio is 17.5%, meaning median earners have a $28,748 surplus.

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

The median gross rent in Epworth is $839/month. With a median household income of $69,188, residents spend approximately 17.5% of their income on rent.

What salary do I need for a studio in Epworth?

A studio in Epworth rents for approximately $708/month. Under the 30% rule, you need an annual salary of $28,320 to afford this.

Is Epworth considered an affordable place to live?

Based on the surplus of $28,748 and an affordability verdict of "Affordable", Epworth is considered a affordable rental market when comparing the required 2-bedroom salary of $40,440 to the local median household income.

How Epworth Compares

Other cities in Iowa with salary requirements