Affordable

What Salary Do You Need to Live in Woodworth?

To afford a 2-bedroom in Woodworth, you need to earn at least $20,480/year based on estimated fair market rent data. The median household income here is $39,250, which means the typical resident is $18,770 above the threshold.

Census ACS Data Pop. 46

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$358	$1,193	$14,320	$-24,930
1 Bedroom	$425	$1,417	$17,000	$-22,250
2 Bedroom BENCHMARK	$512	$1,707	$20,480	$-18,770
3 Bedroom	$625	$2,083	$25,000	$-14,250
4 Bedroom	$768	$2,560	$30,720	$-8,530

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$39,250

Annual household

2BR Required Salary

$20,480

Under 30% rule

Income Gap

+$18,770

Surplus

Verdict

Affordable

Ratio: 15.7%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Woodworth's median household income

Max monthly rent you can afford$981

Studio

$358/mo

1 BR

$425/mo

2 BR

$512/mo

3 BR

$625/mo

4 BR

$768/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Woodworth

Living in Woodworth is well within reach for most median-income earners. With a $18,770 cushion between what residents earn and what a 2-bedroom requires, households in Woodworth typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Woodworth, a studio at $358/month offers an even more aggressive savings rate. Even a 3-bedroom at $625/month remains accessible for dual-income households earning above $25,000.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $30,720 would position you well — though many residents in Woodworth 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 Woodworth, North Dakota.

With a total population of 46, the city supports an active civilian workforce of 21 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $20,480 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 Woodworth

Frequently Asked Questions About Renting in Woodworth

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

To afford a 2-bedroom in Woodworth under the 30% rule, you need an annual salary of at least $20,480. The median household income in Woodworth is $39,250.

Can I afford a 2-bedroom in Woodworth on $39,250?

The affordability verdict for Woodworth is "Affordable". The rent-to-income ratio is 15.7%, meaning median earners have a $18,770 surplus.

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

The median gross rent in Woodworth is $425/month. With a median household income of $39,250, residents spend approximately 15.7% of their income on rent.

What salary do I need for a studio in Woodworth?

A studio in Woodworth rents for approximately $358/month. Under the 30% rule, you need an annual salary of $14,320 to afford this.

Is Woodworth considered an affordable place to live?

Based on the surplus of $18,770 and an affordability verdict of "Affordable", Woodworth is considered a affordable rental market when comparing the required 2-bedroom salary of $20,480 to the local median household income.

How Woodworth Compares

Other cities in North Dakota with salary requirements