Unaffordable

What Salary Do You Need to Live in Newtown?

To afford a 2-bedroom in Newtown, you need to earn at least $50,920/year based on estimated fair market rent data. The median household income here is $37,188, which means the typical resident is $13,732 below the threshold.

Census ACS Data Pop. 206

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$891	$2,970	$35,640	$-1,548
1 Bedroom	$1,057	$3,523	$42,280	+$5,092
2 Bedroom BENCHMARK	$1,273	$4,243	$50,920	+$13,732
3 Bedroom	$1,553	$5,177	$62,120	+$24,932
4 Bedroom	$1,910	$6,367	$76,400	+$39,212

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$37,188

Annual household

2BR Required Salary

$50,920

Under 30% rule

Income Gap

-$13,732

Deficit

Verdict

Unaffordable

Ratio: 41.1%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Newtown's median household income

Max monthly rent you can afford$930

Studio

$891/mo

1 BR

$1,057/mo

2 BR

$1,273/mo

3 BR

$1,553/mo

4 BR

$1,910/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Newtown

Renting in Newtown is unaffordable for most median earners. The $13,732 income gap means a 2-bedroom at $1,273/month requires significant above-median earnings or a dual-income household to be sustainable.

For those committed to Newtown, the realistic options are: (1) target a studio at $891/month, which requires $35,640/year — closer to the median; (2) find a roommate for a 2-bedroom, cutting individual costs to ~$637/month; or (3) negotiate remote work and live in a more affordable Missouri city.

To live comfortably in Newtown without financial strain, you realistically need a household income of $76,380 or higher. This isn't just about rent — it accounts for Missouri's overall cost of living including transportation, food, and healthcare.

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 Newtown, Missouri.

With a total population of 206, the city supports an active civilian workforce of 80 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $50,920 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 Newtown

Frequently Asked Questions About Renting in Newtown

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

To afford a 2-bedroom in Newtown under the 30% rule, you need an annual salary of at least $50,920. The median household income in Newtown is $37,188.

Can I afford a 2-bedroom in Newtown on $37,188?

The affordability verdict for Newtown is "Unaffordable". The rent-to-income ratio is 41.1%, meaning there's a $13,732 income gap.

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

The median gross rent in Newtown is $1,057/month. With a median household income of $37,188, residents spend approximately 41.1% of their income on rent.

What salary do I need for a studio in Newtown?

A studio in Newtown rents for approximately $891/month. Under the 30% rule, you need an annual salary of $35,640 to afford this.

Is Newtown considered an affordable place to live?

Based on the deficit of $13,732 and an affordability verdict of "Unaffordable", Newtown is considered a unaffordable rental market when comparing the required 2-bedroom salary of $50,920 to the local median household income.

How Newtown Compares

Other cities in Missouri with salary requirements