Unaffordable

What Salary Do You Need to Live in Smyrna?

To afford a 2-bedroom in Smyrna, you need to earn at least $60,240/year based on estimated fair market rent data. The median household income here is $34,464, which means the typical resident is $25,776 below the threshold.

Census ACS Data Pop. 193

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,054	$3,513	$42,160	+$7,696
1 Bedroom	$1,250	$4,167	$50,000	+$15,536
2 Bedroom BENCHMARK	$1,506	$5,020	$60,240	+$25,776
3 Bedroom	$1,837	$6,123	$73,480	+$39,016
4 Bedroom	$2,259	$7,530	$90,360	+$55,896

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$34,464

Annual household

2BR Required Salary

$60,240

Under 30% rule

Income Gap

-$25,776

Deficit

Verdict

Unaffordable

Ratio: 52.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Smyrna's median household income

Max monthly rent you can afford$862

Studio

$1,054/mo

1 BR

$1,250/mo

2 BR

$1,506/mo

3 BR

$1,837/mo

4 BR

$2,259/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Smyrna

Smyrna, New York is one of the most expensive rental markets relative to local incomes. The median household earning $34,464 faces a staggering $25,776 deficit against the $60,240 needed for a 2-bedroom — meaning the typical resident cannot afford market-rate rent under standard financial guidelines.

For those committed to Smyrna, the realistic options are: (1) target a studio at $1,054/month, which requires $42,160/year — closer to the median; (2) find a roommate for a 2-bedroom, cutting individual costs to ~$753/month; or (3) negotiate remote work and live in a more affordable New York city.

To live comfortably in Smyrna without financial strain, you realistically need a household income of $90,360 or higher. This isn't just about rent — it accounts for New York's overall cost of living including transportation, food, and healthcare.

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 Smyrna, New York.

With a total population of 193, the city supports an active civilian workforce of 80 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $60,240 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

Active civilian employees in Smyrna

Frequently Asked Questions About Renting in Smyrna

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

To afford a 2-bedroom in Smyrna under the 30% rule, you need an annual salary of at least $60,240. The median household income in Smyrna is $34,464.

Can I afford a 2-bedroom in Smyrna on $34,464?

The affordability verdict for Smyrna is "Unaffordable". The rent-to-income ratio is 52.4%, meaning there's a $25,776 income gap.

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

The median gross rent in Smyrna is $1,250/month. With a median household income of $34,464, residents spend approximately 52.4% of their income on rent.

What salary do I need for a studio in Smyrna?

A studio in Smyrna rents for approximately $1,054/month. Under the 30% rule, you need an annual salary of $42,160 to afford this.

Is Smyrna considered an affordable place to live?

Based on the deficit of $25,776 and an affordability verdict of "Unaffordable", Smyrna is considered a unaffordable rental market when comparing the required 2-bedroom salary of $60,240 to the local median household income.

How Smyrna Compares

Other cities in New York with salary requirements