Affordable

What Salary Do You Need to Live in Limestone?

To afford a 2-bedroom in Limestone, you need to earn at least $28,760/year based on estimated fair market rent data. The median household income here is $36,023, which means the typical resident is $7,263 above the threshold.

Census ACS Data Pop. 1,165

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$503	$1,677	$20,120	$-15,903
1 Bedroom	$597	$1,990	$23,880	$-12,143
2 Bedroom BENCHMARK	$719	$2,397	$28,760	$-7,263
3 Bedroom	$877	$2,923	$35,080	$-943
4 Bedroom	$1,079	$3,597	$43,160	+$7,137

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$36,023

Annual household

2BR Required Salary

$28,760

Under 30% rule

Income Gap

+$7,263

Surplus

Verdict

Affordable

Ratio: 24.0%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Limestone's median household income

Max monthly rent you can afford$901

Studio

$503/mo

1 BR

$597/mo

2 BR

$719/mo

3 BR

$877/mo

4 BR

$1,079/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Limestone

Living in Limestone is well within reach for most median-income earners. With a $7,263 cushion between what residents earn and what a 2-bedroom requires, households in Limestone typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Limestone, a studio at $503/month offers an even more aggressive savings rate. Even a 3-bedroom at $877/month remains accessible for dual-income households earning above $35,080.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $43,140 would position you well — though many residents in Limestone 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 Limestone, Maine.

With a total population of 1,165, the city supports an active civilian workforce of 402 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $28,760 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

402

Active civilian employees in Limestone

Frequently Asked Questions About Renting in Limestone

What salary do I need to live in Limestone, Maine?

To afford a 2-bedroom in Limestone under the 30% rule, you need an annual salary of at least $28,760. The median household income in Limestone is $36,023.

Can I afford a 2-bedroom in Limestone on $36,023?

The affordability verdict for Limestone is "Affordable". The rent-to-income ratio is 24.0%, meaning median earners have a $7,263 surplus.

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

The median gross rent in Limestone is $597/month. With a median household income of $36,023, residents spend approximately 24.0% of their income on rent.

What salary do I need for a studio in Limestone?

A studio in Limestone rents for approximately $503/month. Under the 30% rule, you need an annual salary of $20,120 to afford this.

Is Limestone considered an affordable place to live?

Based on the surplus of $7,263 and an affordability verdict of "Affordable", Limestone is considered a affordable rental market when comparing the required 2-bedroom salary of $28,760 to the local median household income.

How Limestone Compares

Other cities in Maine with salary requirements