Affordable

What Salary Do You Need to Live in Centertown?

To afford a 2-bedroom in Centertown, you need to earn at least $33,400/year based on estimated fair market rent data. The median household income here is $43,083, which means the typical resident is $9,683 above the threshold.

Census ACS Data Pop. 331

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$585	$1,950	$23,400	$-19,683
1 Bedroom	$693	$2,310	$27,720	$-15,363
2 Bedroom BENCHMARK	$835	$2,783	$33,400	$-9,683
3 Bedroom	$1,019	$3,397	$40,760	$-2,323
4 Bedroom	$1,253	$4,177	$50,120	+$7,037

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$43,083

Annual household

2BR Required Salary

$33,400

Under 30% rule

Income Gap

+$9,683

Surplus

Verdict

Affordable

Ratio: 23.3%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Centertown's median household income

Max monthly rent you can afford$1,077

Studio

$585/mo

1 BR

$693/mo

2 BR

$835/mo

3 BR

$1,019/mo

4 BR

$1,253/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Centertown

Living in Centertown is well within reach for most median-income earners. With a $9,683 cushion between what residents earn and what a 2-bedroom requires, households in Centertown typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Centertown, a studio at $585/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,019/month remains accessible for dual-income households earning above $40,760.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $50,100 would position you well — though many residents in Centertown 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 Centertown, Missouri.

With a total population of 331, the city supports an active civilian workforce of 166 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $33,400 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

166

Active civilian employees in Centertown

Frequently Asked Questions About Renting in Centertown

What salary do I need to live in Centertown, Missouri?

To afford a 2-bedroom in Centertown under the 30% rule, you need an annual salary of at least $33,400. The median household income in Centertown is $43,083.

Can I afford a 2-bedroom in Centertown on $43,083?

The affordability verdict for Centertown is "Affordable". The rent-to-income ratio is 23.3%, meaning median earners have a $9,683 surplus.

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

The median gross rent in Centertown is $693/month. With a median household income of $43,083, residents spend approximately 23.3% of their income on rent.

What salary do I need for a studio in Centertown?

A studio in Centertown rents for approximately $585/month. Under the 30% rule, you need an annual salary of $23,400 to afford this.

Is Centertown considered an affordable place to live?

Based on the surplus of $9,683 and an affordability verdict of "Affordable", Centertown is considered a affordable rental market when comparing the required 2-bedroom salary of $33,400 to the local median household income.

How Centertown Compares

Other cities in Missouri with salary requirements