Manageable

What Salary Do You Need to Live in Haverhill?

To afford a 2-bedroom in Haverhill, you need to earn at least $70,440/year based on estimated fair market rent data. The median household income here is $81,989, which means the typical resident is $11,549 above the threshold.

Census ACS Data Pop. 67,273

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,233	$4,110	$49,320	$-32,669
1 Bedroom	$1,462	$4,873	$58,480	$-23,509
2 Bedroom BENCHMARK	$1,761	$5,870	$70,440	$-11,549
3 Bedroom	$2,148	$7,160	$85,920	+$3,931
4 Bedroom	$2,642	$8,807	$105,680	+$23,691

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$81,989

Annual household

2BR Required Salary

$70,440

Under 30% rule

Income Gap

+$11,549

Surplus

Verdict

Manageable

Ratio: 25.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Haverhill's median household income

Max monthly rent you can afford$2,050

Studio

$1,233/mo

1 BR

$1,462/mo

2 BR

$1,761/mo

3 BR

$2,148/mo

4 BR

$2,642/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Haverhill

Renting in Haverhill, Massachusetts is doable for median earners, but tight. A 2-bedroom requires roughly $70,440/year under the 30% rule, and with a median income of $81,989, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($1,462/month) or studio ($1,233/month) materially improves the math. For those needing more space, a 3-bedroom in Haverhill pushes the required income to $85,920.

For comfortable living in Haverhill without financial stress, target a household income of at least $105,660 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Massachusetts's cost of living.

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 Haverhill, Massachusetts.

With a total population of 67,273, the city supports an active civilian workforce of 35,756 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $70,440 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

35,756

Active civilian employees in Haverhill

Frequently Asked Questions About Renting in Haverhill

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

To afford a 2-bedroom in Haverhill under the 30% rule, you need an annual salary of at least $70,440. The median household income in Haverhill is $81,989.

Can I afford a 2-bedroom in Haverhill on $81,989?

The affordability verdict for Haverhill is "Manageable". The rent-to-income ratio is 25.8%, meaning median earners have a $11,549 surplus.

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

The median gross rent in Haverhill is $1,462/month. With a median household income of $81,989, residents spend approximately 25.8% of their income on rent.

What salary do I need for a studio in Haverhill?

A studio in Haverhill rents for approximately $1,233/month. Under the 30% rule, you need an annual salary of $49,320 to afford this.

Is Haverhill considered an affordable place to live?

Based on the surplus of $11,549 and an affordability verdict of "Manageable", Haverhill is considered a manageable rental market when comparing the required 2-bedroom salary of $70,440 to the local median household income.

How Haverhill Compares

Other cities in Massachusetts with salary requirements