Affordable

What Salary Do You Need to Live in Ransom?

To afford a 2-bedroom in Ransom, you need to earn at least $37,360/year based on estimated fair market rent data. The median household income here is $52,917, which means the typical resident is $15,557 above the threshold.

Census ACS Data Pop. 265

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$654	$2,180	$26,160	$-26,757
1 Bedroom	$775	$2,583	$31,000	$-21,917
2 Bedroom BENCHMARK	$934	$3,113	$37,360	$-15,557
3 Bedroom	$1,139	$3,797	$45,560	$-7,357
4 Bedroom	$1,401	$4,670	$56,040	+$3,123

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$52,917

Annual household

2BR Required Salary

$37,360

Under 30% rule

Income Gap

+$15,557

Surplus

Verdict

Affordable

Ratio: 21.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Ransom's median household income

Max monthly rent you can afford$1,323

Studio

$654/mo

1 BR

$775/mo

2 BR

$934/mo

3 BR

$1,139/mo

4 BR

$1,401/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Ransom

Living in Ransom is well within reach for most median-income earners. With a $15,557 cushion between what residents earn and what a 2-bedroom requires, households in Ransom typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Ransom, a studio at $654/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,139/month remains accessible for dual-income households earning above $45,560.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $56,040 would position you well — though many residents in Ransom 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 Ransom, Kansas.

With a total population of 265, the city supports an active civilian workforce of 130 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $37,360 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

130

Active civilian employees in Ransom

Frequently Asked Questions About Renting in Ransom

What salary do I need to live in Ransom, Kansas?

To afford a 2-bedroom in Ransom under the 30% rule, you need an annual salary of at least $37,360. The median household income in Ransom is $52,917.

Can I afford a 2-bedroom in Ransom on $52,917?

The affordability verdict for Ransom is "Affordable". The rent-to-income ratio is 21.2%, meaning median earners have a $15,557 surplus.

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

The median gross rent in Ransom is $775/month. With a median household income of $52,917, residents spend approximately 21.2% of their income on rent.

What salary do I need for a studio in Ransom?

A studio in Ransom rents for approximately $654/month. Under the 30% rule, you need an annual salary of $26,160 to afford this.

Is Ransom considered an affordable place to live?

Based on the surplus of $15,557 and an affordability verdict of "Affordable", Ransom is considered a affordable rental market when comparing the required 2-bedroom salary of $37,360 to the local median household income.

How Ransom Compares

Other cities in Kansas with salary requirements