Affordable

What Salary Do You Need to Live in Walpole?

To afford a 2-bedroom in Walpole, you need to earn at least $77,320/year based on estimated fair market rent data. The median household income here is $121,210, which means the typical resident is $43,890 above the threshold.

Census ACS Data Pop. 6,373

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,353	$4,510	$54,120	$-67,090
1 Bedroom	$1,604	$5,347	$64,160	$-57,050
2 Bedroom BENCHMARK	$1,933	$6,443	$77,320	$-43,890
3 Bedroom	$2,358	$7,860	$94,320	$-26,890
4 Bedroom	$2,900	$9,667	$116,000	$-5,210

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$121,210

Annual household

2BR Required Salary

$77,320

Under 30% rule

Income Gap

+$43,890

Surplus

Verdict

Affordable

Ratio: 19.1%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Walpole's median household income

Max monthly rent you can afford$3,030

Studio

$1,353/mo

1 BR

$1,604/mo

2 BR

$1,933/mo

3 BR

$2,358/mo

4 BR

$2,900/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Walpole

Walpole, Massachusetts stands out as one of the more financially accessible housing markets in the state. The median household income of $121,210 significantly exceeds the $77,320 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $43,890 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Walpole, a studio at $1,353/month offers an even more aggressive savings rate. Even a 3-bedroom at $2,358/month remains accessible for dual-income households earning above $94,320.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $115,980 would position you well — though many residents in Walpole 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 Walpole, Massachusetts.

With a total population of 6,373, the city supports an active civilian workforce of 3,448 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $77,320 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

3,448

Active civilian employees in Walpole

Frequently Asked Questions About Renting in Walpole

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

To afford a 2-bedroom in Walpole under the 30% rule, you need an annual salary of at least $77,320. The median household income in Walpole is $121,210.

Can I afford a 2-bedroom in Walpole on $121,210?

The affordability verdict for Walpole is "Affordable". The rent-to-income ratio is 19.1%, meaning median earners have a $43,890 surplus.

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

The median gross rent in Walpole is $1,604/month. With a median household income of $121,210, residents spend approximately 19.1% of their income on rent.

What salary do I need for a studio in Walpole?

A studio in Walpole rents for approximately $1,353/month. Under the 30% rule, you need an annual salary of $54,120 to afford this.

Is Walpole considered an affordable place to live?

Based on the surplus of $43,890 and an affordability verdict of "Affordable", Walpole is considered a affordable rental market when comparing the required 2-bedroom salary of $77,320 to the local median household income.

How Walpole Compares

Other cities in Massachusetts with salary requirements