Affordable

What Salary Do You Need to Live in Wolf Point?

To afford a 2-bedroom in Wolf Point, you need to earn at least $33,240/year based on estimated fair market rent data. The median household income here is $46,389, which means the typical resident is $13,149 above the threshold.

Census ACS Data Pop. 2,634

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$582	$1,940	$23,280	$-23,109
1 Bedroom	$690	$2,300	$27,600	$-18,789
2 Bedroom BENCHMARK	$831	$2,770	$33,240	$-13,149
3 Bedroom	$1,014	$3,380	$40,560	$-5,829
4 Bedroom	$1,247	$4,157	$49,880	+$3,491

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$46,389

Annual household

2BR Required Salary

$33,240

Under 30% rule

Income Gap

+$13,149

Surplus

Verdict

Affordable

Ratio: 21.5%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Wolf Point

Your Annual Salary

Pre-filled with Wolf Point's median household income

Max monthly rent you can afford$1,160

Studio

$582/mo

1 BR

$690/mo

2 BR

$831/mo

3 BR

$1,014/mo

4 BR

$1,247/mo

Your salary is $0 above the median income in Wolf Point.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Wolf Point

Living in Wolf Point is well within reach for most median-income earners. With a $13,149 cushion between what residents earn and what a 2-bedroom requires, households in Wolf Point typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Wolf Point, a studio at $582/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,014/month remains accessible for dual-income households earning above $40,560.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $49,860 would position you well — though many residents in Wolf Point 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 Wolf Point, Montana.

With a total population of 2,634, the city supports an active civilian workforce of 932 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $33,240 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

932

Active civilian employees in Wolf Point

Frequently Asked Questions About Renting in Wolf Point

What salary do I need to live in Wolf Point, Montana?

To afford a 2-bedroom in Wolf Point under the 30% rule, you need an annual salary of at least $33,240. The median household income in Wolf Point is $46,389.

Can I afford a 2-bedroom in Wolf Point on $46,389?

The affordability verdict for Wolf Point is "Affordable". The rent-to-income ratio is 21.5%, meaning median earners have a $13,149 surplus.

What is the average rent in Wolf Point compared to median income?

The median gross rent in Wolf Point is $690/month. With a median household income of $46,389, residents spend approximately 21.5% of their income on rent.

What salary do I need for a studio in Wolf Point?

A studio in Wolf Point rents for approximately $582/month. Under the 30% rule, you need an annual salary of $23,280 to afford this.

Is Wolf Point considered an affordable place to live?

Based on the surplus of $13,149 and an affordability verdict of "Affordable", Wolf Point is considered a affordable rental market when comparing the required 2-bedroom salary of $33,240 to the local median household income.

How Wolf Point Compares

Other cities in Montana with salary requirements