Affordable

What Salary Do You Need to Live in Walworth?

To afford a 2-bedroom in Walworth, you need to earn at least $41,360/year based on estimated fair market rent data. The median household income here is $94,107, which means the typical resident is $52,747 above the threshold.

Census ACS Data Pop. 865

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$724	$2,413	$28,960	$-65,147
1 Bedroom	$858	$2,860	$34,320	$-59,787
2 Bedroom BENCHMARK	$1,034	$3,447	$41,360	$-52,747
3 Bedroom	$1,261	$4,203	$50,440	$-43,667
4 Bedroom	$1,551	$5,170	$62,040	$-32,067

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$94,107

Annual household

2BR Required Salary

$41,360

Under 30% rule

Income Gap

+$52,747

Surplus

Verdict

Affordable

Ratio: 13.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Walworth's median household income

Max monthly rent you can afford$2,353

Studio

$724/mo

1 BR

$858/mo

2 BR

$1,034/mo

3 BR

$1,261/mo

4 BR

$1,551/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Walworth

Walworth, New York stands out as one of the more financially accessible housing markets in the state. The median household income of $94,107 significantly exceeds the $41,360 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $52,747 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Walworth, a studio at $724/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,261/month remains accessible for dual-income households earning above $50,440.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $62,040 would position you well — though many residents in Walworth 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 Walworth, New York.

With a total population of 865, the city supports an active civilian workforce of 470 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $41,360 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

470

Active civilian employees in Walworth

Frequently Asked Questions About Renting in Walworth

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

To afford a 2-bedroom in Walworth under the 30% rule, you need an annual salary of at least $41,360. The median household income in Walworth is $94,107.

Can I afford a 2-bedroom in Walworth on $94,107?

The affordability verdict for Walworth is "Affordable". The rent-to-income ratio is 13.2%, meaning median earners have a $52,747 surplus.

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

The median gross rent in Walworth is $858/month. With a median household income of $94,107, residents spend approximately 13.2% of their income on rent.

What salary do I need for a studio in Walworth?

A studio in Walworth rents for approximately $724/month. Under the 30% rule, you need an annual salary of $28,960 to afford this.

Is Walworth considered an affordable place to live?

Based on the surplus of $52,747 and an affordability verdict of "Affordable", Walworth is considered a affordable rental market when comparing the required 2-bedroom salary of $41,360 to the local median household income.

How Walworth Compares

Other cities in New York with salary requirements