Manageable

What Salary Do You Need to Live in Fort Leonard Wood?

To afford a 2-bedroom in Fort Leonard Wood, you need to earn at least $55,280/year based on estimated fair market rent data. The median household income here is $64,890, which means the typical resident is $9,610 above the threshold.

Census ACS Data Pop. 15,615

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$967	$3,223	$38,680	$-26,210
1 Bedroom	$1,147	$3,823	$45,880	$-19,010
2 Bedroom BENCHMARK	$1,382	$4,607	$55,280	$-9,610
3 Bedroom	$1,686	$5,620	$67,440	+$2,550
4 Bedroom	$2,073	$6,910	$82,920	+$18,030

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$64,890

Annual household

2BR Required Salary

$55,280

Under 30% rule

Income Gap

+$9,610

Surplus

Verdict

Manageable

Ratio: 25.6%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Fort Leonard Wood

Your Annual Salary

Pre-filled with Fort Leonard Wood's median household income

Max monthly rent you can afford$1,622

Studio

$967/mo

1 BR

$1,147/mo

2 BR

$1,382/mo

3 BR

$1,686/mo

4 BR

$2,073/mo

Your salary is $0 above the median income in Fort Leonard Wood.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Fort Leonard Wood

Renting in Fort Leonard Wood, Missouri is doable for median earners, but tight. A 2-bedroom requires roughly $55,280/year under the 30% rule, and with a median income of $64,890, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($1,147/month) or studio ($967/month) materially improves the math. For those needing more space, a 3-bedroom in Fort Leonard Wood pushes the required income to $67,440.

For comfortable living in Fort Leonard Wood without financial stress, target a household income of at least $82,920 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Missouri'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 Fort Leonard Wood, Missouri.

With a total population of 15,615, the city supports an active civilian workforce of 2,841 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $55,280 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

2,841

Active civilian employees in Fort Leonard Wood

Frequently Asked Questions About Renting in Fort Leonard Wood

What salary do I need to live in Fort Leonard Wood, Missouri?

To afford a 2-bedroom in Fort Leonard Wood under the 30% rule, you need an annual salary of at least $55,280. The median household income in Fort Leonard Wood is $64,890.

Can I afford a 2-bedroom in Fort Leonard Wood on $64,890?

The affordability verdict for Fort Leonard Wood is "Manageable". The rent-to-income ratio is 25.6%, meaning median earners have a $9,610 surplus.

What is the average rent in Fort Leonard Wood compared to median income?

The median gross rent in Fort Leonard Wood is $1,147/month. With a median household income of $64,890, residents spend approximately 25.6% of their income on rent.

What salary do I need for a studio in Fort Leonard Wood?

A studio in Fort Leonard Wood rents for approximately $967/month. Under the 30% rule, you need an annual salary of $38,680 to afford this.

Is Fort Leonard Wood considered an affordable place to live?

Based on the surplus of $9,610 and an affordability verdict of "Manageable", Fort Leonard Wood is considered a manageable rental market when comparing the required 2-bedroom salary of $55,280 to the local median household income.

How Fort Leonard Wood Compares

Other cities in Missouri with salary requirements