Affordable

What Salary Do You Need to Live in Waukee?

To afford a 2-bedroom in Waukee, you need to earn at least $58,280/year based on estimated fair market rent data. The median household income here is $106,846, which means the typical resident is $48,566 above the threshold.

Census ACS Data Pop. 25,045

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,020	$3,400	$40,800	$-66,046
1 Bedroom	$1,209	$4,030	$48,360	$-58,486
2 Bedroom BENCHMARK	$1,457	$4,857	$58,280	$-48,566
3 Bedroom	$1,778	$5,927	$71,120	$-35,726
4 Bedroom	$2,186	$7,287	$87,440	$-19,406

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$106,846

Annual household

2BR Required Salary

$58,280

Under 30% rule

Income Gap

+$48,566

Surplus

Verdict

Affordable

Ratio: 16.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Waukee's median household income

Max monthly rent you can afford$2,671

Studio

$1,020/mo

1 BR

$1,209/mo

2 BR

$1,457/mo

3 BR

$1,778/mo

4 BR

$2,186/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Waukee

Waukee, Iowa stands out as one of the more financially accessible housing markets in the state. The median household income of $106,846 significantly exceeds the $58,280 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $48,566 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Waukee, a studio at $1,020/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,778/month remains accessible for dual-income households earning above $71,120.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $87,420 would position you well — though many residents in Waukee 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 Waukee, Iowa.

With a total population of 25,045, the city supports an active civilian workforce of 14,115 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $58,280 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

14,115

Active civilian employees in Waukee

Frequently Asked Questions About Renting in Waukee

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

To afford a 2-bedroom in Waukee under the 30% rule, you need an annual salary of at least $58,280. The median household income in Waukee is $106,846.

Can I afford a 2-bedroom in Waukee on $106,846?

The affordability verdict for Waukee is "Affordable". The rent-to-income ratio is 16.4%, meaning median earners have a $48,566 surplus.

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

The median gross rent in Waukee is $1,209/month. With a median household income of $106,846, residents spend approximately 16.4% of their income on rent.

What salary do I need for a studio in Waukee?

A studio in Waukee rents for approximately $1,020/month. Under the 30% rule, you need an annual salary of $40,800 to afford this.

Is Waukee considered an affordable place to live?

Based on the surplus of $48,566 and an affordability verdict of "Affordable", Waukee is considered a affordable rental market when comparing the required 2-bedroom salary of $58,280 to the local median household income.

How Waukee Compares

Other cities in Iowa with salary requirements