Manageable

What Salary Do You Need to Live in Wye?

To afford a 2-bedroom in Wye, you need to earn at least $83,560/year based on estimated fair market rent data. The median household income here is $93,264, which means the typical resident is $9,704 above the threshold.

Census ACS Data Pop. 1,074

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,462	$4,873	$58,480	$-34,784
1 Bedroom	$1,734	$5,780	$69,360	$-23,904
2 Bedroom BENCHMARK	$2,089	$6,963	$83,560	$-9,704
3 Bedroom	$2,549	$8,497	$101,960	+$8,696
4 Bedroom	$3,134	$10,447	$125,360	+$32,096

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$93,264

Annual household

2BR Required Salary

$83,560

Under 30% rule

Income Gap

+$9,704

Surplus

Verdict

Manageable

Ratio: 26.9%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Wye's median household income

Max monthly rent you can afford$2,332

Studio

$1,462/mo

1 BR

$1,734/mo

2 BR

$2,089/mo

3 BR

$2,549/mo

4 BR

$3,134/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Wye

Renting in Wye, Montana is doable for median earners, but tight. A 2-bedroom requires roughly $83,560/year under the 30% rule, and with a median income of $93,264, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($1,734/month) or studio ($1,462/month) materially improves the math. For those needing more space, a 3-bedroom in Wye pushes the required income to $101,960.

For comfortable living in Wye without financial stress, target a household income of at least $125,340 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Montana's cost of living.

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 Wye, Montana.

With a total population of 1,074, the city supports an active civilian workforce of 616 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $83,560 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

616

Active civilian employees in Wye

Frequently Asked Questions About Renting in Wye

What salary do I need to live in Wye, Montana?

To afford a 2-bedroom in Wye under the 30% rule, you need an annual salary of at least $83,560. The median household income in Wye is $93,264.

Can I afford a 2-bedroom in Wye on $93,264?

The affordability verdict for Wye is "Manageable". The rent-to-income ratio is 26.9%, meaning median earners have a $9,704 surplus.

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

The median gross rent in Wye is $1,734/month. With a median household income of $93,264, residents spend approximately 26.9% of their income on rent.

What salary do I need for a studio in Wye?

A studio in Wye rents for approximately $1,462/month. Under the 30% rule, you need an annual salary of $58,480 to afford this.

Is Wye considered an affordable place to live?

Based on the surplus of $9,704 and an affordability verdict of "Manageable", Wye is considered a manageable rental market when comparing the required 2-bedroom salary of $83,560 to the local median household income.

How Wye Compares

Other cities in Montana with salary requirements