Unaffordable

What Salary Do You Need to Live in Farmerville?

To afford a 2-bedroom in Farmerville, you need to earn at least $34,360/year based on estimated fair market rent data. The median household income here is $24,337, which means the typical resident is $10,023 below the threshold.

Census ACS Data Pop. 3,371

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$601	$2,003	$24,040	$-297
1 Bedroom	$713	$2,377	$28,520	+$4,183
2 Bedroom BENCHMARK	$859	$2,863	$34,360	+$10,023
3 Bedroom	$1,048	$3,493	$41,920	+$17,583
4 Bedroom	$1,289	$4,297	$51,560	+$27,223

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$24,337

Annual household

2BR Required Salary

$34,360

Under 30% rule

Income Gap

-$10,023

Deficit

Verdict

Unaffordable

Ratio: 42.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Farmerville's median household income

Max monthly rent you can afford$608

Studio

$601/mo

1 BR

$713/mo

2 BR

$859/mo

3 BR

$1,048/mo

4 BR

$1,289/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Farmerville

Renting in Farmerville is unaffordable for most median earners. The $10,023 income gap means a 2-bedroom at $859/month requires significant above-median earnings or a dual-income household to be sustainable.

For those committed to Farmerville, the realistic options are: (1) target a studio at $601/month, which requires $24,040/year — closer to the median; (2) find a roommate for a 2-bedroom, cutting individual costs to ~$430/month; or (3) negotiate remote work and live in a more affordable Louisiana city.

To live comfortably in Farmerville without financial strain, you realistically need a household income of $51,540 or higher. This isn't just about rent — it accounts for Louisiana's overall cost of living including transportation, food, and healthcare.

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 Farmerville, Louisiana.

With a total population of 3,371, the city supports an active civilian workforce of 926 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,360 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

926

Active civilian employees in Farmerville

Frequently Asked Questions About Renting in Farmerville

What salary do I need to live in Farmerville, Louisiana?

To afford a 2-bedroom in Farmerville under the 30% rule, you need an annual salary of at least $34,360. The median household income in Farmerville is $24,337.

Can I afford a 2-bedroom in Farmerville on $24,337?

The affordability verdict for Farmerville is "Unaffordable". The rent-to-income ratio is 42.4%, meaning there's a $10,023 income gap.

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

The median gross rent in Farmerville is $713/month. With a median household income of $24,337, residents spend approximately 42.4% of their income on rent.

What salary do I need for a studio in Farmerville?

A studio in Farmerville rents for approximately $601/month. Under the 30% rule, you need an annual salary of $24,040 to afford this.

Is Farmerville considered an affordable place to live?

Based on the deficit of $10,023 and an affordability verdict of "Unaffordable", Farmerville is considered a unaffordable rental market when comparing the required 2-bedroom salary of $34,360 to the local median household income.

How Farmerville Compares

Other cities in Louisiana with salary requirements