Stretched

What Salary Do You Need to Live in Everett?

To afford a 2-bedroom in Everett, you need to earn at least $91,200/year based on estimated fair market rent data. The median household income here is $77,796, which means the typical resident is $13,404 below the threshold.

Census ACS Data Pop. 48,685

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,596	$5,320	$63,840	$-13,956
1 Bedroom	$1,892	$6,307	$75,680	$-2,116
2 Bedroom BENCHMARK	$2,280	$7,600	$91,200	+$13,404
3 Bedroom	$2,782	$9,273	$111,280	+$33,484
4 Bedroom	$3,420	$11,400	$136,800	+$59,004

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$77,796

Annual household

2BR Required Salary

$91,200

Under 30% rule

Income Gap

-$13,404

Deficit

Verdict

Stretched

Ratio: 35.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Everett's median household income

Max monthly rent you can afford$1,945

Studio

$1,596/mo

1 BR

$1,892/mo

2 BR

$2,280/mo

3 BR

$2,782/mo

4 BR

$3,420/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Everett

Everett's rental market puts real pressure on median earners. A 2-bedroom at $2,280/month requires $91,200/year — about $13,404 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Everett, target the studio or 1-bedroom tier ($1,596–$1,892/month) unless your income exceeds $91,200. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $1,140/month.

The break-even salary for comfortable living in Everett is approximately $136,800. 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 Everett, Massachusetts.

With a total population of 48,685, the city supports an active civilian workforce of 26,430 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $91,200 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

26,430

Active civilian employees in Everett

Frequently Asked Questions About Renting in Everett

What salary do I need to live in Everett, Massachusetts?

To afford a 2-bedroom in Everett under the 30% rule, you need an annual salary of at least $91,200. The median household income in Everett is $77,796.

Can I afford a 2-bedroom in Everett on $77,796?

The affordability verdict for Everett is "Stretched". The rent-to-income ratio is 35.2%, meaning there's a $13,404 income gap.

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

The median gross rent in Everett is $1,892/month. With a median household income of $77,796, residents spend approximately 35.2% of their income on rent.

What salary do I need for a studio in Everett?

A studio in Everett rents for approximately $1,596/month. Under the 30% rule, you need an annual salary of $63,840 to afford this.

Is Everett considered an affordable place to live?

Based on the deficit of $13,404 and an affordability verdict of "Stretched", Everett is considered a stretched rental market when comparing the required 2-bedroom salary of $91,200 to the local median household income.

How Everett Compares

Other cities in Massachusetts with salary requirements