Affordable

What Salary Do You Need to Live in Smithville?

To afford a 2-bedroom in Smithville, you need to earn at least $34,640/year based on estimated fair market rent data. The median household income here is $95,122, which means the typical resident is $60,482 above the threshold.

Census ACS Data Pop. 10,416

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$606	$2,020	$24,240	$-70,882
1 Bedroom	$719	$2,397	$28,760	$-66,362
2 Bedroom BENCHMARK	$866	$2,887	$34,640	$-60,482
3 Bedroom	$1,057	$3,523	$42,280	$-52,842
4 Bedroom	$1,299	$4,330	$51,960	$-43,162

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$95,122

Annual household

2BR Required Salary

$34,640

Under 30% rule

Income Gap

+$60,482

Surplus

Verdict

Affordable

Ratio: 10.9%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Smithville's median household income

Max monthly rent you can afford$2,378

Studio

$606/mo

1 BR

$719/mo

2 BR

$866/mo

3 BR

$1,057/mo

4 BR

$1,299/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Smithville

Smithville, Missouri stands out as one of the more financially accessible housing markets in the state. The median household income of $95,122 significantly exceeds the $34,640 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $60,482 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Smithville, a studio at $606/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,057/month remains accessible for dual-income households earning above $42,280.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $51,960 would position you well — though many residents in Smithville 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 Smithville, Missouri.

With a total population of 10,416, the city supports an active civilian workforce of 5,170 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,640 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

5,170

Active civilian employees in Smithville

Frequently Asked Questions About Renting in Smithville

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

To afford a 2-bedroom in Smithville under the 30% rule, you need an annual salary of at least $34,640. The median household income in Smithville is $95,122.

Can I afford a 2-bedroom in Smithville on $95,122?

The affordability verdict for Smithville is "Affordable". The rent-to-income ratio is 10.9%, meaning median earners have a $60,482 surplus.

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

The median gross rent in Smithville is $719/month. With a median household income of $95,122, residents spend approximately 10.9% of their income on rent.

What salary do I need for a studio in Smithville?

A studio in Smithville rents for approximately $606/month. Under the 30% rule, you need an annual salary of $24,240 to afford this.

Is Smithville considered an affordable place to live?

Based on the surplus of $60,482 and an affordability verdict of "Affordable", Smithville is considered a affordable rental market when comparing the required 2-bedroom salary of $34,640 to the local median household income.

How Smithville Compares

Other cities in Missouri with salary requirements