Affordable

What Salary Do You Need to Live in Moulton?

To afford a 2-bedroom in Moulton, you need to earn at least $27,520/year based on estimated fair market rent data. The median household income here is $53,958, which means the typical resident is $26,438 above the threshold.

Census ACS Data Pop. 613

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$482	$1,607	$19,280	$-34,678
1 Bedroom	$571	$1,903	$22,840	$-31,118
2 Bedroom BENCHMARK	$688	$2,293	$27,520	$-26,438
3 Bedroom	$839	$2,797	$33,560	$-20,398
4 Bedroom	$1,032	$3,440	$41,280	$-12,678

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$53,958

Annual household

2BR Required Salary

$27,520

Under 30% rule

Income Gap

+$26,438

Surplus

Verdict

Affordable

Ratio: 15.3%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Moulton's median household income

Max monthly rent you can afford$1,349

Studio

$482/mo

1 BR

$571/mo

2 BR

$688/mo

3 BR

$839/mo

4 BR

$1,032/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Moulton

Moulton, Iowa stands out as one of the more financially accessible housing markets in the state. The median household income of $53,958 significantly exceeds the $27,520 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $26,438 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Moulton, a studio at $482/month offers an even more aggressive savings rate. Even a 3-bedroom at $839/month remains accessible for dual-income households earning above $33,560.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $41,280 would position you well — though many residents in Moulton 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 Moulton, Iowa.

With a total population of 613, the city supports an active civilian workforce of 248 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $27,520 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

248

Active civilian employees in Moulton

Frequently Asked Questions About Renting in Moulton

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

To afford a 2-bedroom in Moulton under the 30% rule, you need an annual salary of at least $27,520. The median household income in Moulton is $53,958.

Can I afford a 2-bedroom in Moulton on $53,958?

The affordability verdict for Moulton is "Affordable". The rent-to-income ratio is 15.3%, meaning median earners have a $26,438 surplus.

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

The median gross rent in Moulton is $571/month. With a median household income of $53,958, residents spend approximately 15.3% of their income on rent.

What salary do I need for a studio in Moulton?

A studio in Moulton rents for approximately $482/month. Under the 30% rule, you need an annual salary of $19,280 to afford this.

Is Moulton considered an affordable place to live?

Based on the surplus of $26,438 and an affordability verdict of "Affordable", Moulton is considered a affordable rental market when comparing the required 2-bedroom salary of $27,520 to the local median household income.

How Moulton Compares

Other cities in Iowa with salary requirements