Stretched

What Salary Do You Need to Live in Mortons Gap?

To afford a 2-bedroom in Mortons Gap, you need to earn at least $39,240/year based on estimated fair market rent data. The median household income here is $39,205, which means the typical resident is $35 below the threshold.

Census ACS Data Pop. 841

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$687	$2,290	$27,480	$-11,725
1 Bedroom	$814	$2,713	$32,560	$-6,645
2 Bedroom BENCHMARK	$981	$3,270	$39,240	+$35
3 Bedroom	$1,197	$3,990	$47,880	+$8,675
4 Bedroom	$1,472	$4,907	$58,880	+$19,675

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$39,205

Annual household

2BR Required Salary

$39,240

Under 30% rule

Income Gap

-$35

Deficit

Verdict

Stretched

Ratio: 30.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Mortons Gap

Your Annual Salary

Pre-filled with Mortons Gap's median household income

Max monthly rent you can afford$980

Studio

$687/mo

1 BR

$814/mo

2 BR

$981/mo

3 BR

$1,197/mo

4 BR

$1,472/mo

Your salary is $0 above the median income in Mortons Gap.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Mortons Gap

Renting in Mortons Gap is stretched but not impossible. The gap is a relatively narrow $35, suggesting that households slightly above median can find workable arrangements — especially with studios at $687/month.

If you're relocating to Mortons Gap, target the studio or 1-bedroom tier ($687–$814/month) unless your income exceeds $39,240. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $491/month.

The break-even salary for comfortable living in Mortons Gap is approximately $58,860. 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 Mortons Gap, Kentucky.

With a total population of 841, the city supports an active civilian workforce of 274 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $39,240 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

274

Active civilian employees in Mortons Gap

Frequently Asked Questions About Renting in Mortons Gap

What salary do I need to live in Mortons Gap, Kentucky?

To afford a 2-bedroom in Mortons Gap under the 30% rule, you need an annual salary of at least $39,240. The median household income in Mortons Gap is $39,205.

Can I afford a 2-bedroom in Mortons Gap on $39,205?

The affordability verdict for Mortons Gap is "Stretched". The rent-to-income ratio is 30.0%, meaning there's a $35 income gap.

What is the average rent in Mortons Gap compared to median income?

The median gross rent in Mortons Gap is $814/month. With a median household income of $39,205, residents spend approximately 30.0% of their income on rent.

What salary do I need for a studio in Mortons Gap?

A studio in Mortons Gap rents for approximately $687/month. Under the 30% rule, you need an annual salary of $27,480 to afford this.

Is Mortons Gap considered an affordable place to live?

Based on the deficit of $35 and an affordability verdict of "Stretched", Mortons Gap is considered a stretched rental market when comparing the required 2-bedroom salary of $39,240 to the local median household income.

How Mortons Gap Compares

Other cities in Kentucky with salary requirements