Stretched

What Salary Do You Need to Live in Spillville?

To afford a 2-bedroom in Spillville, you need to earn at least $42,600/year based on estimated fair market rent data. The median household income here is $39,167, which means the typical resident is $3,433 below the threshold.

Census ACS Data Pop. 350

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$746	$2,487	$29,840	$-9,327
1 Bedroom	$884	$2,947	$35,360	$-3,807
2 Bedroom BENCHMARK	$1,065	$3,550	$42,600	+$3,433
3 Bedroom	$1,299	$4,330	$51,960	+$12,793
4 Bedroom	$1,598	$5,327	$63,920	+$24,753

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$39,167

Annual household

2BR Required Salary

$42,600

Under 30% rule

Income Gap

-$3,433

Deficit

Verdict

Stretched

Ratio: 32.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Spillville's median household income

Max monthly rent you can afford$979

Studio

$746/mo

1 BR

$884/mo

2 BR

$1,065/mo

3 BR

$1,299/mo

4 BR

$1,598/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Spillville

Renting in Spillville is stretched but not impossible. The gap is a relatively narrow $3,433, suggesting that households slightly above median can find workable arrangements — especially with studios at $746/month.

If you're relocating to Spillville, target the studio or 1-bedroom tier ($746–$884/month) unless your income exceeds $42,600. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $533/month.

The break-even salary for comfortable living in Spillville is approximately $63,900. Below this threshold, expect housing to consume a disproportionate share of your budget, limiting discretionary spending and savings capacity.

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 Spillville, Iowa.

With a total population of 350, the city supports an active civilian workforce of 168 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $42,600 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

168

Active civilian employees in Spillville

Frequently Asked Questions About Renting in Spillville

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

To afford a 2-bedroom in Spillville under the 30% rule, you need an annual salary of at least $42,600. The median household income in Spillville is $39,167.

Can I afford a 2-bedroom in Spillville on $39,167?

The affordability verdict for Spillville is "Stretched". The rent-to-income ratio is 32.6%, meaning there's a $3,433 income gap.

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

The median gross rent in Spillville is $884/month. With a median household income of $39,167, residents spend approximately 32.6% of their income on rent.

What salary do I need for a studio in Spillville?

A studio in Spillville rents for approximately $746/month. Under the 30% rule, you need an annual salary of $29,840 to afford this.

Is Spillville considered an affordable place to live?

Based on the deficit of $3,433 and an affordability verdict of "Stretched", Spillville is considered a stretched rental market when comparing the required 2-bedroom salary of $42,600 to the local median household income.

How Spillville Compares

Other cities in Iowa with salary requirements