Stretched

What Salary Do You Need to Live in Cannon AFB?

To afford a 2-bedroom in Cannon AFB, you need to earn at least $57,360/year based on estimated fair market rent data. The median household income here is $56,786, which means the typical resident is $574 below the threshold.

Census ACS Data Pop. 2,682

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,004	$3,347	$40,160	$-16,626
1 Bedroom	$1,190	$3,967	$47,600	$-9,186
2 Bedroom BENCHMARK	$1,434	$4,780	$57,360	+$574
3 Bedroom	$1,749	$5,830	$69,960	+$13,174
4 Bedroom	$2,151	$7,170	$86,040	+$29,254

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$56,786

Annual household

2BR Required Salary

$57,360

Under 30% rule

Income Gap

-$574

Deficit

Verdict

Stretched

Ratio: 30.3%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Cannon AFB

Your Annual Salary

Pre-filled with Cannon AFB's median household income

Max monthly rent you can afford$1,420

Studio

$1,004/mo

1 BR

$1,190/mo

2 BR

$1,434/mo

3 BR

$1,749/mo

4 BR

$2,151/mo

Your salary is $0 above the median income in Cannon AFB.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Cannon AFB

Renting in Cannon AFB is stretched but not impossible. The gap is a relatively narrow $574, suggesting that households slightly above median can find workable arrangements — especially with studios at $1,004/month.

If you're relocating to Cannon AFB, target the studio or 1-bedroom tier ($1,004–$1,190/month) unless your income exceeds $57,360. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $717/month.

The break-even salary for comfortable living in Cannon AFB is approximately $86,040. Below this threshold, expect housing to consume a disproportionate share of your budget, limiting discretionary spending and savings capacity.

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 Cannon AFB, New Mexico.

With a total population of 2,682, the city supports an active civilian workforce of 448 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $57,360 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

448

Active civilian employees in Cannon AFB

Frequently Asked Questions About Renting in Cannon AFB

What salary do I need to live in Cannon AFB, New Mexico?

To afford a 2-bedroom in Cannon AFB under the 30% rule, you need an annual salary of at least $57,360. The median household income in Cannon AFB is $56,786.

Can I afford a 2-bedroom in Cannon AFB on $56,786?

The affordability verdict for Cannon AFB is "Stretched". The rent-to-income ratio is 30.3%, meaning there's a $574 income gap.

What is the average rent in Cannon AFB compared to median income?

The median gross rent in Cannon AFB is $1,190/month. With a median household income of $56,786, residents spend approximately 30.3% of their income on rent.

What salary do I need for a studio in Cannon AFB?

A studio in Cannon AFB rents for approximately $1,004/month. Under the 30% rule, you need an annual salary of $40,160 to afford this.

Is Cannon AFB considered an affordable place to live?

Based on the deficit of $574 and an affordability verdict of "Stretched", Cannon AFB is considered a stretched rental market when comparing the required 2-bedroom salary of $57,360 to the local median household income.

How Cannon AFB Compares

Other cities in New Mexico with salary requirements