Affordable

What Salary Do You Need to Live in Ticonderoga?

To afford a 2-bedroom in Ticonderoga, you need to earn at least $40,400/year based on estimated fair market rent data. The median household income here is $49,215, which means the typical resident is $8,815 above the threshold.

Census ACS Data Pop. 3,399

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$707	$2,357	$28,280	$-20,935
1 Bedroom	$838	$2,793	$33,520	$-15,695
2 Bedroom BENCHMARK	$1,010	$3,367	$40,400	$-8,815
3 Bedroom	$1,232	$4,107	$49,280	+$65
4 Bedroom	$1,515	$5,050	$60,600	+$11,385

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$49,215

Annual household

2BR Required Salary

$40,400

Under 30% rule

Income Gap

+$8,815

Surplus

Verdict

Affordable

Ratio: 24.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Ticonderoga's median household income

Max monthly rent you can afford$1,230

Studio

$707/mo

1 BR

$838/mo

2 BR

$1,010/mo

3 BR

$1,232/mo

4 BR

$1,515/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Ticonderoga

Living in Ticonderoga is well within reach for most median-income earners. With a $8,815 cushion between what residents earn and what a 2-bedroom requires, households in Ticonderoga typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Ticonderoga, a studio at $707/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,232/month remains accessible for dual-income households earning above $49,280.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $60,600 would position you well — though many residents in Ticonderoga 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 Ticonderoga, New York.

With a total population of 3,399, the city supports an active civilian workforce of 1,466 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,400 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

1,466

Active civilian employees in Ticonderoga

Frequently Asked Questions About Renting in Ticonderoga

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

To afford a 2-bedroom in Ticonderoga under the 30% rule, you need an annual salary of at least $40,400. The median household income in Ticonderoga is $49,215.

Can I afford a 2-bedroom in Ticonderoga on $49,215?

The affordability verdict for Ticonderoga is "Affordable". The rent-to-income ratio is 24.6%, meaning median earners have a $8,815 surplus.

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

The median gross rent in Ticonderoga is $838/month. With a median household income of $49,215, residents spend approximately 24.6% of their income on rent.

What salary do I need for a studio in Ticonderoga?

A studio in Ticonderoga rents for approximately $707/month. Under the 30% rule, you need an annual salary of $28,280 to afford this.

Is Ticonderoga considered an affordable place to live?

Based on the surplus of $8,815 and an affordability verdict of "Affordable", Ticonderoga is considered a affordable rental market when comparing the required 2-bedroom salary of $40,400 to the local median household income.

How Ticonderoga Compares

Other cities in New York with salary requirements