Affordable

What Salary Do You Need to Live in Statesville?

To afford a 2-bedroom in Statesville, you need to earn at least $42,080/year based on estimated fair market rent data. The median household income here is $51,784, which means the typical resident is $9,704 above the threshold.

Census ACS Data Pop. 28,576

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$736	$2,453	$29,440	$-22,344
1 Bedroom	$873	$2,910	$34,920	$-16,864
2 Bedroom BENCHMARK	$1,052	$3,507	$42,080	$-9,704
3 Bedroom	$1,283	$4,277	$51,320	$-464
4 Bedroom	$1,578	$5,260	$63,120	+$11,336

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$51,784

Annual household

2BR Required Salary

$42,080

Under 30% rule

Income Gap

+$9,704

Surplus

Verdict

Affordable

Ratio: 24.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Statesville's median household income

Max monthly rent you can afford$1,295

Studio

$736/mo

1 BR

$873/mo

2 BR

$1,052/mo

3 BR

$1,283/mo

4 BR

$1,578/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Statesville

Living in Statesville is well within reach for most median-income earners. With a $9,704 cushion between what residents earn and what a 2-bedroom requires, households in Statesville typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Statesville, a studio at $736/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,283/month remains accessible for dual-income households earning above $51,320.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $63,120 would position you well — though many residents in Statesville 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 Statesville, North Carolina.

With a total population of 28,576, the city supports an active civilian workforce of 13,517 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $42,080 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

13,517

Active civilian employees in Statesville

Frequently Asked Questions About Renting in Statesville

What salary do I need to live in Statesville, North Carolina?

To afford a 2-bedroom in Statesville under the 30% rule, you need an annual salary of at least $42,080. The median household income in Statesville is $51,784.

Can I afford a 2-bedroom in Statesville on $51,784?

The affordability verdict for Statesville is "Affordable". The rent-to-income ratio is 24.4%, meaning median earners have a $9,704 surplus.

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

The median gross rent in Statesville is $873/month. With a median household income of $51,784, residents spend approximately 24.4% of their income on rent.

What salary do I need for a studio in Statesville?

A studio in Statesville rents for approximately $736/month. Under the 30% rule, you need an annual salary of $29,440 to afford this.

Is Statesville considered an affordable place to live?

Based on the surplus of $9,704 and an affordability verdict of "Affordable", Statesville is considered a affordable rental market when comparing the required 2-bedroom salary of $42,080 to the local median household income.

How Statesville Compares

Other cities in North Carolina with salary requirements