Affordable

What Salary Do You Need to Live in Caledonia?

To afford a 2-bedroom in Caledonia, you need to earn at least $51,960/year based on estimated fair market rent data. The median household income here is $64,286, which means the typical resident is $12,326 above the threshold.

Census ACS Data Pop. 444

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$909	$3,030	$36,360	$-27,926
1 Bedroom	$1,078	$3,593	$43,120	$-21,166
2 Bedroom BENCHMARK	$1,299	$4,330	$51,960	$-12,326
3 Bedroom	$1,585	$5,283	$63,400	$-886
4 Bedroom	$1,949	$6,497	$77,960	+$13,674

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$64,286

Annual household

2BR Required Salary

$51,960

Under 30% rule

Income Gap

+$12,326

Surplus

Verdict

Affordable

Ratio: 24.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Caledonia's median household income

Max monthly rent you can afford$1,607

Studio

$909/mo

1 BR

$1,078/mo

2 BR

$1,299/mo

3 BR

$1,585/mo

4 BR

$1,949/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Caledonia

Living in Caledonia is well within reach for most median-income earners. With a $12,326 cushion between what residents earn and what a 2-bedroom requires, households in Caledonia typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Caledonia, a studio at $909/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,585/month remains accessible for dual-income households earning above $63,400.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $77,940 would position you well — though many residents in Caledonia 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 Caledonia, Ohio.

With a total population of 444, the city supports an active civilian workforce of 194 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $51,960 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

194

Active civilian employees in Caledonia

Frequently Asked Questions About Renting in Caledonia

What salary do I need to live in Caledonia, Ohio?

To afford a 2-bedroom in Caledonia under the 30% rule, you need an annual salary of at least $51,960. The median household income in Caledonia is $64,286.

Can I afford a 2-bedroom in Caledonia on $64,286?

The affordability verdict for Caledonia is "Affordable". The rent-to-income ratio is 24.2%, meaning median earners have a $12,326 surplus.

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

The median gross rent in Caledonia is $1,078/month. With a median household income of $64,286, residents spend approximately 24.2% of their income on rent.

What salary do I need for a studio in Caledonia?

A studio in Caledonia rents for approximately $909/month. Under the 30% rule, you need an annual salary of $36,360 to afford this.

Is Caledonia considered an affordable place to live?

Based on the surplus of $12,326 and an affordability verdict of "Affordable", Caledonia is considered a affordable rental market when comparing the required 2-bedroom salary of $51,960 to the local median household income.

How Caledonia Compares

Other cities in Ohio with salary requirements