Affordable

What Salary Do You Need to Live in Plaza?

To afford a 2-bedroom in Plaza, you need to earn at least $50,440/year based on estimated fair market rent data. The median household income here is $76,607, which means the typical resident is $26,167 above the threshold.

Census ACS Data Pop. 231

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$883	$2,943	$35,320	$-41,287
1 Bedroom	$1,047	$3,490	$41,880	$-34,727
2 Bedroom BENCHMARK	$1,261	$4,203	$50,440	$-26,167
3 Bedroom	$1,538	$5,127	$61,520	$-15,087
4 Bedroom	$1,892	$6,307	$75,680	$-927

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$76,607

Annual household

2BR Required Salary

$50,440

Under 30% rule

Income Gap

+$26,167

Surplus

Verdict

Affordable

Ratio: 19.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Plaza's median household income

Max monthly rent you can afford$1,915

Studio

$883/mo

1 BR

$1,047/mo

2 BR

$1,261/mo

3 BR

$1,538/mo

4 BR

$1,892/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Plaza

Plaza, North Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $76,607 significantly exceeds the $50,440 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $26,167 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Plaza, a studio at $883/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,538/month remains accessible for dual-income households earning above $61,520.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $75,660 would position you well — though many residents in Plaza 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 Plaza, North Dakota.

With a total population of 231, the city supports an active civilian workforce of 95 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $50,440 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

Active civilian employees in Plaza

Frequently Asked Questions About Renting in Plaza

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

To afford a 2-bedroom in Plaza under the 30% rule, you need an annual salary of at least $50,440. The median household income in Plaza is $76,607.

Can I afford a 2-bedroom in Plaza on $76,607?

The affordability verdict for Plaza is "Affordable". The rent-to-income ratio is 19.8%, meaning median earners have a $26,167 surplus.

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

The median gross rent in Plaza is $1,047/month. With a median household income of $76,607, residents spend approximately 19.8% of their income on rent.

What salary do I need for a studio in Plaza?

A studio in Plaza rents for approximately $883/month. Under the 30% rule, you need an annual salary of $35,320 to afford this.

Is Plaza considered an affordable place to live?

Based on the surplus of $26,167 and an affordability verdict of "Affordable", Plaza is considered a affordable rental market when comparing the required 2-bedroom salary of $50,440 to the local median household income.

How Plaza Compares

Other cities in North Dakota with salary requirements