Manageable

What Salary Do You Need to Live in Fredonia?

To afford a 2-bedroom in Fredonia, you need to earn at least $45,000/year based on estimated fair market rent data. The median household income here is $48,855, which means the typical resident is $3,855 above the threshold.

Census ACS Data Pop. 9,710

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$788	$2,627	$31,520	$-17,335
1 Bedroom	$934	$3,113	$37,360	$-11,495
2 Bedroom BENCHMARK	$1,125	$3,750	$45,000	$-3,855
3 Bedroom	$1,373	$4,577	$54,920	+$6,065
4 Bedroom	$1,688	$5,627	$67,520	+$18,665

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$48,855

Annual household

2BR Required Salary

$45,000

Under 30% rule

Income Gap

+$3,855

Surplus

Verdict

Manageable

Ratio: 27.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Fredonia's median household income

Max monthly rent you can afford$1,221

Studio

$788/mo

1 BR

$934/mo

2 BR

$1,125/mo

3 BR

$1,373/mo

4 BR

$1,688/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Fredonia

Fredonia is borderline manageable — the difference between required salary and median income is just $3,855. This means most households can technically afford a 2-bedroom, but have very little breathing room for savings or emergencies.

Downsizing to a 1-bedroom ($934/month) or studio ($788/month) materially improves the math. For those needing more space, a 3-bedroom in Fredonia pushes the required income to $54,920.

For comfortable living in Fredonia without financial stress, target a household income of at least $67,500 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for New York'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 Fredonia, New York.

With a total population of 9,710, the city supports an active civilian workforce of 4,250 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $45,000 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

4,250

Active civilian employees in Fredonia

Frequently Asked Questions About Renting in Fredonia

What salary do I need to live in Fredonia, New York?

To afford a 2-bedroom in Fredonia under the 30% rule, you need an annual salary of at least $45,000. The median household income in Fredonia is $48,855.

Can I afford a 2-bedroom in Fredonia on $48,855?

The affordability verdict for Fredonia is "Manageable". The rent-to-income ratio is 27.6%, meaning median earners have a $3,855 surplus.

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

The median gross rent in Fredonia is $934/month. With a median household income of $48,855, residents spend approximately 27.6% of their income on rent.

What salary do I need for a studio in Fredonia?

A studio in Fredonia rents for approximately $788/month. Under the 30% rule, you need an annual salary of $31,520 to afford this.

Is Fredonia considered an affordable place to live?

Based on the surplus of $3,855 and an affordability verdict of "Manageable", Fredonia is considered a manageable rental market when comparing the required 2-bedroom salary of $45,000 to the local median household income.

How Fredonia Compares

Other cities in New York with salary requirements