Affordable

What Salary Do You Need to Live in Fleming-Neon?

To afford a 2-bedroom in Fleming-Neon, you need to earn at least $34,920/year based on estimated fair market rent data. The median household income here is $55,438, which means the typical resident is $20,518 above the threshold.

Census ACS Data Pop. 862

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$611	$2,037	$24,440	$-30,998
1 Bedroom	$725	$2,417	$29,000	$-26,438
2 Bedroom BENCHMARK	$873	$2,910	$34,920	$-20,518
3 Bedroom	$1,065	$3,550	$42,600	$-12,838
4 Bedroom	$1,310	$4,367	$52,400	$-3,038

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$55,438

Annual household

2BR Required Salary

$34,920

Under 30% rule

Income Gap

+$20,518

Surplus

Verdict

Affordable

Ratio: 18.9%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Fleming-Neon

Your Annual Salary

Pre-filled with Fleming-Neon's median household income

Max monthly rent you can afford$1,386

Studio

$611/mo

1 BR

$725/mo

2 BR

$873/mo

3 BR

$1,065/mo

4 BR

$1,310/mo

Your salary is $0 above the median income in Fleming-Neon.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Fleming-Neon

Fleming-Neon, Kentucky stands out as one of the more financially accessible housing markets in the state. The median household income of $55,438 significantly exceeds the $34,920 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $20,518 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Fleming-Neon, a studio at $611/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,065/month remains accessible for dual-income households earning above $42,600.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $52,380 would position you well — though many residents in Fleming-Neon 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 Fleming-Neon, Kentucky.

With a total population of 862, the city supports an active civilian workforce of 307 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,920 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

307

Active civilian employees in Fleming-Neon

Frequently Asked Questions About Renting in Fleming-Neon

What salary do I need to live in Fleming-Neon, Kentucky?

To afford a 2-bedroom in Fleming-Neon under the 30% rule, you need an annual salary of at least $34,920. The median household income in Fleming-Neon is $55,438.

Can I afford a 2-bedroom in Fleming-Neon on $55,438?

The affordability verdict for Fleming-Neon is "Affordable". The rent-to-income ratio is 18.9%, meaning median earners have a $20,518 surplus.

What is the average rent in Fleming-Neon compared to median income?

The median gross rent in Fleming-Neon is $725/month. With a median household income of $55,438, residents spend approximately 18.9% of their income on rent.

What salary do I need for a studio in Fleming-Neon?

A studio in Fleming-Neon rents for approximately $611/month. Under the 30% rule, you need an annual salary of $24,440 to afford this.

Is Fleming-Neon considered an affordable place to live?

Based on the surplus of $20,518 and an affordability verdict of "Affordable", Fleming-Neon is considered a affordable rental market when comparing the required 2-bedroom salary of $34,920 to the local median household income.

How Fleming-Neon Compares

Other cities in Kentucky with salary requirements