Stretched

What Salary Do You Need to Live in Guthrie?

To afford a 2-bedroom in Guthrie, you need to earn at least $40,680/year based on estimated fair market rent data. The median household income here is $34,118, which means the typical resident is $6,562 below the threshold.

Census ACS Data Pop. 1,414

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$712	$2,373	$28,480	$-5,638
1 Bedroom	$844	$2,813	$33,760	$-358
2 Bedroom BENCHMARK	$1,017	$3,390	$40,680	+$6,562
3 Bedroom	$1,241	$4,137	$49,640	+$15,522
4 Bedroom	$1,526	$5,087	$61,040	+$26,922

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$34,118

Annual household

2BR Required Salary

$40,680

Under 30% rule

Income Gap

-$6,562

Deficit

Verdict

Stretched

Ratio: 35.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Guthrie's median household income

Max monthly rent you can afford$853

Studio

$712/mo

1 BR

$844/mo

2 BR

$1,017/mo

3 BR

$1,241/mo

4 BR

$1,526/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Guthrie

Guthrie's rental market puts real pressure on median earners. A 2-bedroom at $1,017/month requires $40,680/year — about $6,562 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Guthrie, target the studio or 1-bedroom tier ($712–$844/month) unless your income exceeds $40,680. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $509/month.

The break-even salary for comfortable living in Guthrie is approximately $61,020. 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 Guthrie, Kentucky.

With a total population of 1,414, the city supports an active civilian workforce of 433 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,680 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

433

Active civilian employees in Guthrie

Frequently Asked Questions About Renting in Guthrie

What salary do I need to live in Guthrie, Kentucky?

To afford a 2-bedroom in Guthrie under the 30% rule, you need an annual salary of at least $40,680. The median household income in Guthrie is $34,118.

Can I afford a 2-bedroom in Guthrie on $34,118?

The affordability verdict for Guthrie is "Stretched". The rent-to-income ratio is 35.8%, meaning there's a $6,562 income gap.

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

The median gross rent in Guthrie is $844/month. With a median household income of $34,118, residents spend approximately 35.8% of their income on rent.

What salary do I need for a studio in Guthrie?

A studio in Guthrie rents for approximately $712/month. Under the 30% rule, you need an annual salary of $28,480 to afford this.

Is Guthrie considered an affordable place to live?

Based on the deficit of $6,562 and an affordability verdict of "Stretched", Guthrie is considered a stretched rental market when comparing the required 2-bedroom salary of $40,680 to the local median household income.

How Guthrie Compares

Other cities in Kentucky with salary requirements