Affordable

What Salary Do You Need to Live in Truesdale?

To afford a 2-bedroom in Truesdale, you need to earn at least $53,120/year based on estimated fair market rent data. The median household income here is $92,557, which means the typical resident is $39,437 above the threshold.

Census ACS Data Pop. 141

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$930	$3,100	$37,200	$-55,357
1 Bedroom	$1,102	$3,673	$44,080	$-48,477
2 Bedroom BENCHMARK	$1,328	$4,427	$53,120	$-39,437
3 Bedroom	$1,620	$5,400	$64,800	$-27,757
4 Bedroom	$1,992	$6,640	$79,680	$-12,877

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$92,557

Annual household

2BR Required Salary

$53,120

Under 30% rule

Income Gap

+$39,437

Surplus

Verdict

Affordable

Ratio: 17.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Truesdale's median household income

Max monthly rent you can afford$2,314

Studio

$930/mo

1 BR

$1,102/mo

2 BR

$1,328/mo

3 BR

$1,620/mo

4 BR

$1,992/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Truesdale

Truesdale, Iowa stands out as one of the more financially accessible housing markets in the state. The median household income of $92,557 significantly exceeds the $53,120 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $39,437 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Truesdale, a studio at $930/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,620/month remains accessible for dual-income households earning above $64,800.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $79,680 would position you well — though many residents in Truesdale 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 Truesdale, Iowa.

With a total population of 141, the city supports an active civilian workforce of 58 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $53,120 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

Active civilian employees in Truesdale

Frequently Asked Questions About Renting in Truesdale

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

To afford a 2-bedroom in Truesdale under the 30% rule, you need an annual salary of at least $53,120. The median household income in Truesdale is $92,557.

Can I afford a 2-bedroom in Truesdale on $92,557?

The affordability verdict for Truesdale is "Affordable". The rent-to-income ratio is 17.2%, meaning median earners have a $39,437 surplus.

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

The median gross rent in Truesdale is $1,102/month. With a median household income of $92,557, residents spend approximately 17.2% of their income on rent.

What salary do I need for a studio in Truesdale?

A studio in Truesdale rents for approximately $930/month. Under the 30% rule, you need an annual salary of $37,200 to afford this.

Is Truesdale considered an affordable place to live?

Based on the surplus of $39,437 and an affordability verdict of "Affordable", Truesdale is considered a affordable rental market when comparing the required 2-bedroom salary of $53,120 to the local median household income.

How Truesdale Compares

Other cities in Iowa with salary requirements