Manageable

What Salary Do You Need to Live in Spring Grove?

To afford a 2-bedroom in Spring Grove, you need to earn at least $52,080/year based on estimated fair market rent data. The median household income here is $59,792, which means the typical resident is $7,712 above the threshold.

Census ACS Data Pop. 1,361

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$911	$3,037	$36,440	$-23,352
1 Bedroom	$1,081	$3,603	$43,240	$-16,552
2 Bedroom BENCHMARK	$1,302	$4,340	$52,080	$-7,712
3 Bedroom	$1,588	$5,293	$63,520	+$3,728
4 Bedroom	$1,953	$6,510	$78,120	+$18,328

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$59,792

Annual household

2BR Required Salary

$52,080

Under 30% rule

Income Gap

+$7,712

Surplus

Verdict

Manageable

Ratio: 26.1%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Spring Grove

Your Annual Salary

Pre-filled with Spring Grove's median household income

Max monthly rent you can afford$1,495

Studio

$911/mo

1 BR

$1,081/mo

2 BR

$1,302/mo

3 BR

$1,588/mo

4 BR

$1,953/mo

Your salary is $0 above the median income in Spring Grove.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Spring Grove

Renting in Spring Grove, Minnesota is doable for median earners, but tight. A 2-bedroom requires roughly $52,080/year under the 30% rule, and with a median income of $59,792, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($1,081/month) or studio ($911/month) materially improves the math. For those needing more space, a 3-bedroom in Spring Grove pushes the required income to $63,520.

For comfortable living in Spring Grove without financial stress, target a household income of at least $78,120 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Minnesota'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 Spring Grove, Minnesota.

With a total population of 1,361, the city supports an active civilian workforce of 572 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $52,080 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

572

Active civilian employees in Spring Grove

Frequently Asked Questions About Renting in Spring Grove

What salary do I need to live in Spring Grove, Minnesota?

To afford a 2-bedroom in Spring Grove under the 30% rule, you need an annual salary of at least $52,080. The median household income in Spring Grove is $59,792.

Can I afford a 2-bedroom in Spring Grove on $59,792?

The affordability verdict for Spring Grove is "Manageable". The rent-to-income ratio is 26.1%, meaning median earners have a $7,712 surplus.

What is the average rent in Spring Grove compared to median income?

The median gross rent in Spring Grove is $1,081/month. With a median household income of $59,792, residents spend approximately 26.1% of their income on rent.

What salary do I need for a studio in Spring Grove?

A studio in Spring Grove rents for approximately $911/month. Under the 30% rule, you need an annual salary of $36,440 to afford this.

Is Spring Grove considered an affordable place to live?

Based on the surplus of $7,712 and an affordability verdict of "Manageable", Spring Grove is considered a manageable rental market when comparing the required 2-bedroom salary of $52,080 to the local median household income.

How Spring Grove Compares

Other cities in Minnesota with salary requirements