Affordable

What Salary Do You Need to Live in Edison?

To afford a 2-bedroom in Edison, you need to earn at least $40,960/year based on estimated fair market rent data. The median household income here is $55,139, which means the typical resident is $14,179 above the threshold.

Census ACS Data Pop. 497

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$717	$2,390	$28,680	$-26,459
1 Bedroom	$850	$2,833	$34,000	$-21,139
2 Bedroom BENCHMARK	$1,024	$3,413	$40,960	$-14,179
3 Bedroom	$1,249	$4,163	$49,960	$-5,179
4 Bedroom	$1,536	$5,120	$61,440	+$6,301

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$55,139

Annual household

2BR Required Salary

$40,960

Under 30% rule

Income Gap

+$14,179

Surplus

Verdict

Affordable

Ratio: 22.3%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Edison's median household income

Max monthly rent you can afford$1,378

Studio

$717/mo

1 BR

$850/mo

2 BR

$1,024/mo

3 BR

$1,249/mo

4 BR

$1,536/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Edison

Living in Edison is well within reach for most median-income earners. With a $14,179 cushion between what residents earn and what a 2-bedroom requires, households in Edison typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Edison, a studio at $717/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,249/month remains accessible for dual-income households earning above $49,960.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $61,440 would position you well — though many residents in Edison 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 Edison, Ohio.

With a total population of 497, the city supports an active civilian workforce of 229 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,960 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

229

Active civilian employees in Edison

Frequently Asked Questions About Renting in Edison

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

To afford a 2-bedroom in Edison under the 30% rule, you need an annual salary of at least $40,960. The median household income in Edison is $55,139.

Can I afford a 2-bedroom in Edison on $55,139?

The affordability verdict for Edison is "Affordable". The rent-to-income ratio is 22.3%, meaning median earners have a $14,179 surplus.

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

The median gross rent in Edison is $850/month. With a median household income of $55,139, residents spend approximately 22.3% of their income on rent.

What salary do I need for a studio in Edison?

A studio in Edison rents for approximately $717/month. Under the 30% rule, you need an annual salary of $28,680 to afford this.

Is Edison considered an affordable place to live?

Based on the surplus of $14,179 and an affordability verdict of "Affordable", Edison is considered a affordable rental market when comparing the required 2-bedroom salary of $40,960 to the local median household income.

How Edison Compares

Other cities in Ohio with salary requirements