Stretched

What Salary Do You Need to Live in Roscoe?

To afford a 2-bedroom in Roscoe, you need to earn at least $55,080/year based on estimated fair market rent data. The median household income here is $43,250, which means the typical resident is $11,830 below the threshold.

Census ACS Data Pop. 104

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$964	$3,213	$38,560	$-4,690
1 Bedroom	$1,143	$3,810	$45,720	+$2,470
2 Bedroom BENCHMARK	$1,377	$4,590	$55,080	+$11,830
3 Bedroom	$1,680	$5,600	$67,200	+$23,950
4 Bedroom	$2,066	$6,887	$82,640	+$39,390

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$43,250

Annual household

2BR Required Salary

$55,080

Under 30% rule

Income Gap

-$11,830

Deficit

Verdict

Stretched

Ratio: 38.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Roscoe's median household income

Max monthly rent you can afford$1,081

Studio

$964/mo

1 BR

$1,143/mo

2 BR

$1,377/mo

3 BR

$1,680/mo

4 BR

$2,066/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Roscoe

Roscoe's rental market puts real pressure on median earners. A 2-bedroom at $1,377/month requires $55,080/year — about $11,830 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Roscoe, target the studio or 1-bedroom tier ($964–$1,143/month) unless your income exceeds $55,080. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $689/month.

The break-even salary for comfortable living in Roscoe is approximately $82,620. 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 Roscoe, Minnesota.

With a total population of 104, the city supports an active civilian workforce of 55 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $55,080 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

Active civilian employees in Roscoe

Frequently Asked Questions About Renting in Roscoe

What salary do I need to live in Roscoe, Minnesota?

To afford a 2-bedroom in Roscoe under the 30% rule, you need an annual salary of at least $55,080. The median household income in Roscoe is $43,250.

Can I afford a 2-bedroom in Roscoe on $43,250?

The affordability verdict for Roscoe is "Stretched". The rent-to-income ratio is 38.2%, meaning there's a $11,830 income gap.

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

The median gross rent in Roscoe is $1,143/month. With a median household income of $43,250, residents spend approximately 38.2% of their income on rent.

What salary do I need for a studio in Roscoe?

A studio in Roscoe rents for approximately $964/month. Under the 30% rule, you need an annual salary of $38,560 to afford this.

Is Roscoe considered an affordable place to live?

Based on the deficit of $11,830 and an affordability verdict of "Stretched", Roscoe is considered a stretched rental market when comparing the required 2-bedroom salary of $55,080 to the local median household income.

How Roscoe Compares

Other cities in Minnesota with salary requirements