Affordable

What Salary Do You Need to Live in Casselton?

To afford a 2-bedroom in Casselton, you need to earn at least $36,240/year based on estimated fair market rent data. The median household income here is $61,861, which means the typical resident is $25,621 above the threshold.

Census ACS Data Pop. 2,496

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$634	$2,113	$25,360	$-36,501
1 Bedroom	$752	$2,507	$30,080	$-31,781
2 Bedroom BENCHMARK	$906	$3,020	$36,240	$-25,621
3 Bedroom	$1,105	$3,683	$44,200	$-17,661
4 Bedroom	$1,359	$4,530	$54,360	$-7,501

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$61,861

Annual household

2BR Required Salary

$36,240

Under 30% rule

Income Gap

+$25,621

Surplus

Verdict

Affordable

Ratio: 17.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Casselton's median household income

Max monthly rent you can afford$1,547

Studio

$634/mo

1 BR

$752/mo

2 BR

$906/mo

3 BR

$1,105/mo

4 BR

$1,359/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Casselton

Casselton, North Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $61,861 significantly exceeds the $36,240 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $25,621 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Casselton, a studio at $634/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,105/month remains accessible for dual-income households earning above $44,200.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $54,360 would position you well — though many residents in Casselton 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 Casselton, North Dakota.

With a total population of 2,496, the city supports an active civilian workforce of 1,395 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $36,240 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

1,395

Active civilian employees in Casselton

Frequently Asked Questions About Renting in Casselton

What salary do I need to live in Casselton, North Dakota?

To afford a 2-bedroom in Casselton under the 30% rule, you need an annual salary of at least $36,240. The median household income in Casselton is $61,861.

Can I afford a 2-bedroom in Casselton on $61,861?

The affordability verdict for Casselton is "Affordable". The rent-to-income ratio is 17.6%, meaning median earners have a $25,621 surplus.

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

The median gross rent in Casselton is $752/month. With a median household income of $61,861, residents spend approximately 17.6% of their income on rent.

What salary do I need for a studio in Casselton?

A studio in Casselton rents for approximately $634/month. Under the 30% rule, you need an annual salary of $25,360 to afford this.

Is Casselton considered an affordable place to live?

Based on the surplus of $25,621 and an affordability verdict of "Affordable", Casselton is considered a affordable rental market when comparing the required 2-bedroom salary of $36,240 to the local median household income.

How Casselton Compares

Other cities in North Dakota with salary requirements