Affordable

What Salary Do You Need to Live in Wellsville?

To afford a 2-bedroom in Wellsville, you need to earn at least $27,960/year based on estimated fair market rent data. The median household income here is $57,708, which means the typical resident is $29,748 above the threshold.

Census ACS Data Pop. 1,177

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$489	$1,630	$19,560	$-38,148
1 Bedroom	$580	$1,933	$23,200	$-34,508
2 Bedroom BENCHMARK	$699	$2,330	$27,960	$-29,748
3 Bedroom	$853	$2,843	$34,120	$-23,588
4 Bedroom	$1,049	$3,497	$41,960	$-15,748

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$57,708

Annual household

2BR Required Salary

$27,960

Under 30% rule

Income Gap

+$29,748

Surplus

Verdict

Affordable

Ratio: 14.5%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Wellsville's median household income

Max monthly rent you can afford$1,443

Studio

$489/mo

1 BR

$580/mo

2 BR

$699/mo

3 BR

$853/mo

4 BR

$1,049/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Wellsville

Wellsville, Missouri stands out as one of the more financially accessible housing markets in the state. The median household income of $57,708 significantly exceeds the $27,960 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $29,748 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Wellsville, a studio at $489/month offers an even more aggressive savings rate. Even a 3-bedroom at $853/month remains accessible for dual-income households earning above $34,120.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $41,940 would position you well — though many residents in Wellsville 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 Wellsville, Missouri.

With a total population of 1,177, the city supports an active civilian workforce of 484 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $27,960 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

484

Active civilian employees in Wellsville

Frequently Asked Questions About Renting in Wellsville

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

To afford a 2-bedroom in Wellsville under the 30% rule, you need an annual salary of at least $27,960. The median household income in Wellsville is $57,708.

Can I afford a 2-bedroom in Wellsville on $57,708?

The affordability verdict for Wellsville is "Affordable". The rent-to-income ratio is 14.5%, meaning median earners have a $29,748 surplus.

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

The median gross rent in Wellsville is $580/month. With a median household income of $57,708, residents spend approximately 14.5% of their income on rent.

What salary do I need for a studio in Wellsville?

A studio in Wellsville rents for approximately $489/month. Under the 30% rule, you need an annual salary of $19,560 to afford this.

Is Wellsville considered an affordable place to live?

Based on the surplus of $29,748 and an affordability verdict of "Affordable", Wellsville is considered a affordable rental market when comparing the required 2-bedroom salary of $27,960 to the local median household income.

How Wellsville Compares

Other cities in Missouri with salary requirements