Affordable

What Salary Do You Need to Live in Excelsior Estates?

To afford a 2-bedroom in Excelsior Estates, you need to earn at least $60,520/year based on estimated fair market rent data. The median household income here is $73,594, which means the typical resident is $13,074 above the threshold.

Census ACS Data Pop. 313

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,059	$3,530	$42,360	$-31,234
1 Bedroom	$1,256	$4,187	$50,240	$-23,354
2 Bedroom BENCHMARK	$1,513	$5,043	$60,520	$-13,074
3 Bedroom	$1,846	$6,153	$73,840	+$246
4 Bedroom	$2,270	$7,567	$90,800	+$17,206

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$73,594

Annual household

2BR Required Salary

$60,520

Under 30% rule

Income Gap

+$13,074

Surplus

Verdict

Affordable

Ratio: 24.7%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Excelsior Estates

Your Annual Salary

Pre-filled with Excelsior Estates's median household income

Max monthly rent you can afford$1,840

Studio

$1,059/mo

1 BR

$1,256/mo

2 BR

$1,513/mo

3 BR

$1,846/mo

4 BR

$2,270/mo

Your salary is $0 above the median income in Excelsior Estates.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Excelsior Estates

Living in Excelsior Estates is well within reach for most median-income earners. With a $13,074 cushion between what residents earn and what a 2-bedroom requires, households in Excelsior Estates typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Excelsior Estates, a studio at $1,059/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,846/month remains accessible for dual-income households earning above $73,840.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $90,780 would position you well — though many residents in Excelsior Estates 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 Excelsior Estates, Missouri.

With a total population of 313, the city supports an active civilian workforce of 141 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $60,520 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

141

Active civilian employees in Excelsior Estates

Frequently Asked Questions About Renting in Excelsior Estates

What salary do I need to live in Excelsior Estates, Missouri?

To afford a 2-bedroom in Excelsior Estates under the 30% rule, you need an annual salary of at least $60,520. The median household income in Excelsior Estates is $73,594.

Can I afford a 2-bedroom in Excelsior Estates on $73,594?

The affordability verdict for Excelsior Estates is "Affordable". The rent-to-income ratio is 24.7%, meaning median earners have a $13,074 surplus.

What is the average rent in Excelsior Estates compared to median income?

The median gross rent in Excelsior Estates is $1,256/month. With a median household income of $73,594, residents spend approximately 24.7% of their income on rent.

What salary do I need for a studio in Excelsior Estates?

A studio in Excelsior Estates rents for approximately $1,059/month. Under the 30% rule, you need an annual salary of $42,360 to afford this.

Is Excelsior Estates considered an affordable place to live?

Based on the surplus of $13,074 and an affordability verdict of "Affordable", Excelsior Estates is considered a affordable rental market when comparing the required 2-bedroom salary of $60,520 to the local median household income.

How Excelsior Estates Compares

Other cities in Missouri with salary requirements