Affordable

What Salary Do You Need to Live in Chesterhill?

To afford a 2-bedroom in Chesterhill, you need to earn at least $37,360/year based on estimated fair market rent data. The median household income here is $51,667, which means the typical resident is $14,307 above the threshold.

Census ACS Data Pop. 320

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$654	$2,180	$26,160	$-25,507
1 Bedroom	$775	$2,583	$31,000	$-20,667
2 Bedroom BENCHMARK	$934	$3,113	$37,360	$-14,307
3 Bedroom	$1,139	$3,797	$45,560	$-6,107
4 Bedroom	$1,401	$4,670	$56,040	+$4,373

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$51,667

Annual household

2BR Required Salary

$37,360

Under 30% rule

Income Gap

+$14,307

Surplus

Verdict

Affordable

Ratio: 21.7%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Chesterhill's median household income

Max monthly rent you can afford$1,292

Studio

$654/mo

1 BR

$775/mo

2 BR

$934/mo

3 BR

$1,139/mo

4 BR

$1,401/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Chesterhill

Living in Chesterhill is well within reach for most median-income earners. With a $14,307 cushion between what residents earn and what a 2-bedroom requires, households in Chesterhill typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Chesterhill, a studio at $654/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,139/month remains accessible for dual-income households earning above $45,560.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $56,040 would position you well — though many residents in Chesterhill 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 Chesterhill, Ohio.

With a total population of 320, the city supports an active civilian workforce of 148 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $37,360 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

148

Active civilian employees in Chesterhill

Frequently Asked Questions About Renting in Chesterhill

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

To afford a 2-bedroom in Chesterhill under the 30% rule, you need an annual salary of at least $37,360. The median household income in Chesterhill is $51,667.

Can I afford a 2-bedroom in Chesterhill on $51,667?

The affordability verdict for Chesterhill is "Affordable". The rent-to-income ratio is 21.7%, meaning median earners have a $14,307 surplus.

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

The median gross rent in Chesterhill is $775/month. With a median household income of $51,667, residents spend approximately 21.7% of their income on rent.

What salary do I need for a studio in Chesterhill?

A studio in Chesterhill rents for approximately $654/month. Under the 30% rule, you need an annual salary of $26,160 to afford this.

Is Chesterhill considered an affordable place to live?

Based on the surplus of $14,307 and an affordability verdict of "Affordable", Chesterhill is considered a affordable rental market when comparing the required 2-bedroom salary of $37,360 to the local median household income.

How Chesterhill Compares

Other cities in Ohio with salary requirements