Affordable

What Salary Do You Need to Live in Washburn?

To afford a 2-bedroom in Washburn, you need to earn at least $39,600/year based on estimated fair market rent data. The median household income here is $70,268, which means the typical resident is $30,668 above the threshold.

Census ACS Data Pop. 1,463

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$693	$2,310	$27,720	$-42,548
1 Bedroom	$822	$2,740	$32,880	$-37,388
2 Bedroom BENCHMARK	$990	$3,300	$39,600	$-30,668
3 Bedroom	$1,208	$4,027	$48,320	$-21,948
4 Bedroom	$1,485	$4,950	$59,400	$-10,868

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$70,268

Annual household

2BR Required Salary

$39,600

Under 30% rule

Income Gap

+$30,668

Surplus

Verdict

Affordable

Ratio: 16.9%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Washburn's median household income

Max monthly rent you can afford$1,757

Studio

$693/mo

1 BR

$822/mo

2 BR

$990/mo

3 BR

$1,208/mo

4 BR

$1,485/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Washburn

Washburn, North Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $70,268 significantly exceeds the $39,600 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $30,668 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Washburn, a studio at $693/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,208/month remains accessible for dual-income households earning above $48,320.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $59,400 would position you well — though many residents in Washburn 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 Washburn, North Dakota.

With a total population of 1,463, the city supports an active civilian workforce of 804 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $39,600 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

804

Active civilian employees in Washburn

Frequently Asked Questions About Renting in Washburn

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

To afford a 2-bedroom in Washburn under the 30% rule, you need an annual salary of at least $39,600. The median household income in Washburn is $70,268.

Can I afford a 2-bedroom in Washburn on $70,268?

The affordability verdict for Washburn is "Affordable". The rent-to-income ratio is 16.9%, meaning median earners have a $30,668 surplus.

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

The median gross rent in Washburn is $822/month. With a median household income of $70,268, residents spend approximately 16.9% of their income on rent.

What salary do I need for a studio in Washburn?

A studio in Washburn rents for approximately $693/month. Under the 30% rule, you need an annual salary of $27,720 to afford this.

Is Washburn considered an affordable place to live?

Based on the surplus of $30,668 and an affordability verdict of "Affordable", Washburn is considered a affordable rental market when comparing the required 2-bedroom salary of $39,600 to the local median household income.

How Washburn Compares

Other cities in North Dakota with salary requirements