Affordable

What Salary Do You Need to Live in Pleasant Hope?

To afford a 2-bedroom in Pleasant Hope, you need to earn at least $39,240/year based on estimated fair market rent data. The median household income here is $59,107, which means the typical resident is $19,867 above the threshold.

Census ACS Data Pop. 726

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$687	$2,290	$27,480	$-31,627
1 Bedroom	$814	$2,713	$32,560	$-26,547
2 Bedroom BENCHMARK	$981	$3,270	$39,240	$-19,867
3 Bedroom	$1,197	$3,990	$47,880	$-11,227
4 Bedroom	$1,472	$4,907	$58,880	$-227

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$59,107

Annual household

2BR Required Salary

$39,240

Under 30% rule

Income Gap

+$19,867

Surplus

Verdict

Affordable

Ratio: 19.9%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Pleasant Hope

Your Annual Salary

Pre-filled with Pleasant Hope's median household income

Max monthly rent you can afford$1,478

Studio

$687/mo

1 BR

$814/mo

2 BR

$981/mo

3 BR

$1,197/mo

4 BR

$1,472/mo

Your salary is $0 above the median income in Pleasant Hope.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Pleasant Hope

Living in Pleasant Hope is well within reach for most median-income earners. With a $19,867 cushion between what residents earn and what a 2-bedroom requires, households in Pleasant Hope typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Pleasant Hope, a studio at $687/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,197/month remains accessible for dual-income households earning above $47,880.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $58,860 would position you well — though many residents in Pleasant Hope 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 Pleasant Hope, Missouri.

With a total population of 726, the city supports an active civilian workforce of 339 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $39,240 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

339

Active civilian employees in Pleasant Hope

Frequently Asked Questions About Renting in Pleasant Hope

What salary do I need to live in Pleasant Hope, Missouri?

To afford a 2-bedroom in Pleasant Hope under the 30% rule, you need an annual salary of at least $39,240. The median household income in Pleasant Hope is $59,107.

Can I afford a 2-bedroom in Pleasant Hope on $59,107?

The affordability verdict for Pleasant Hope is "Affordable". The rent-to-income ratio is 19.9%, meaning median earners have a $19,867 surplus.

What is the average rent in Pleasant Hope compared to median income?

The median gross rent in Pleasant Hope is $814/month. With a median household income of $59,107, residents spend approximately 19.9% of their income on rent.

What salary do I need for a studio in Pleasant Hope?

A studio in Pleasant Hope rents for approximately $687/month. Under the 30% rule, you need an annual salary of $27,480 to afford this.

Is Pleasant Hope considered an affordable place to live?

Based on the surplus of $19,867 and an affordability verdict of "Affordable", Pleasant Hope is considered a affordable rental market when comparing the required 2-bedroom salary of $39,240 to the local median household income.

How Pleasant Hope Compares

Other cities in Missouri with salary requirements