Stretched

What Salary Do You Need to Live in Scottsville?

To afford a 2-bedroom in Scottsville, you need to earn at least $41,960/year based on estimated fair market rent data. The median household income here is $34,835, which means the typical resident is $7,125 below the threshold.

Census ACS Data Pop. 4,332

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$734	$2,447	$29,360	$-5,475
1 Bedroom	$871	$2,903	$34,840	+$5
2 Bedroom BENCHMARK	$1,049	$3,497	$41,960	+$7,125
3 Bedroom	$1,280	$4,267	$51,200	+$16,365
4 Bedroom	$1,574	$5,247	$62,960	+$28,125

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$34,835

Annual household

2BR Required Salary

$41,960

Under 30% rule

Income Gap

-$7,125

Deficit

Verdict

Stretched

Ratio: 36.1%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Scottsville's median household income

Max monthly rent you can afford$871

Studio

$734/mo

1 BR

$871/mo

2 BR

$1,049/mo

3 BR

$1,280/mo

4 BR

$1,574/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Scottsville

Scottsville's rental market puts real pressure on median earners. A 2-bedroom at $1,049/month requires $41,960/year — about $7,125 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Scottsville, target the studio or 1-bedroom tier ($734–$871/month) unless your income exceeds $41,960. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $525/month.

The break-even salary for comfortable living in Scottsville is approximately $62,940. 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 Scottsville, Kentucky.

With a total population of 4,332, the city supports an active civilian workforce of 1,648 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $41,960 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

1,648

Active civilian employees in Scottsville

Frequently Asked Questions About Renting in Scottsville

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

To afford a 2-bedroom in Scottsville under the 30% rule, you need an annual salary of at least $41,960. The median household income in Scottsville is $34,835.

Can I afford a 2-bedroom in Scottsville on $34,835?

The affordability verdict for Scottsville is "Stretched". The rent-to-income ratio is 36.1%, meaning there's a $7,125 income gap.

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

The median gross rent in Scottsville is $871/month. With a median household income of $34,835, residents spend approximately 36.1% of their income on rent.

What salary do I need for a studio in Scottsville?

A studio in Scottsville rents for approximately $734/month. Under the 30% rule, you need an annual salary of $29,360 to afford this.

Is Scottsville considered an affordable place to live?

Based on the deficit of $7,125 and an affordability verdict of "Stretched", Scottsville is considered a stretched rental market when comparing the required 2-bedroom salary of $41,960 to the local median household income.

How Scottsville Compares

Other cities in Kentucky with salary requirements