Affordable

What Salary Do You Need to Live in Walton Park?

To afford a 2-bedroom in Walton Park, you need to earn at least $97,120/year based on estimated fair market rent data. The median household income here is $140,614, which means the typical resident is $43,494 above the threshold.

Census ACS Data Pop. 4,139

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,700	$5,667	$68,000	$-72,614
1 Bedroom	$2,015	$6,717	$80,600	$-60,014
2 Bedroom BENCHMARK	$2,428	$8,093	$97,120	$-43,494
3 Bedroom	$2,962	$9,873	$118,480	$-22,134
4 Bedroom	$3,642	$12,140	$145,680	+$5,066

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$140,614

Annual household

2BR Required Salary

$97,120

Under 30% rule

Income Gap

+$43,494

Surplus

Verdict

Affordable

Ratio: 20.7%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Walton Park

Your Annual Salary

Pre-filled with Walton Park's median household income

Max monthly rent you can afford$3,515

Studio

$1,700/mo

1 BR

$2,015/mo

2 BR

$2,428/mo

3 BR

$2,962/mo

4 BR

$3,642/mo

Your salary is $0 above the median income in Walton Park.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Walton Park

Walton Park, New York stands out as one of the more financially accessible housing markets in the state. The median household income of $140,614 significantly exceeds the $97,120 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $43,494 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Walton Park, a studio at $1,700/month offers an even more aggressive savings rate. Even a 3-bedroom at $2,962/month remains accessible for dual-income households earning above $118,480.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $145,680 would position you well — though many residents in Walton Park 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 Walton Park, New York.

With a total population of 4,139, the city supports an active civilian workforce of 2,174 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $97,120 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

2,174

Active civilian employees in Walton Park

Frequently Asked Questions About Renting in Walton Park

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

To afford a 2-bedroom in Walton Park under the 30% rule, you need an annual salary of at least $97,120. The median household income in Walton Park is $140,614.

Can I afford a 2-bedroom in Walton Park on $140,614?

The affordability verdict for Walton Park is "Affordable". The rent-to-income ratio is 20.7%, meaning median earners have a $43,494 surplus.

What is the average rent in Walton Park compared to median income?

The median gross rent in Walton Park is $2,015/month. With a median household income of $140,614, residents spend approximately 20.7% of their income on rent.

What salary do I need for a studio in Walton Park?

A studio in Walton Park rents for approximately $1,700/month. Under the 30% rule, you need an annual salary of $68,000 to afford this.

Is Walton Park considered an affordable place to live?

Based on the surplus of $43,494 and an affordability verdict of "Affordable", Walton Park is considered a affordable rental market when comparing the required 2-bedroom salary of $97,120 to the local median household income.

How Walton Park Compares

Other cities in New York with salary requirements