Affordable

What Salary Do You Need to Live in Lore City?

To afford a 2-bedroom in Lore City, you need to earn at least $40,400/year based on estimated fair market rent data. The median household income here is $51,875, which means the typical resident is $11,475 above the threshold.

Census ACS Data Pop. 353

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$707	$2,357	$28,280	$-23,595
1 Bedroom	$838	$2,793	$33,520	$-18,355
2 Bedroom BENCHMARK	$1,010	$3,367	$40,400	$-11,475
3 Bedroom	$1,232	$4,107	$49,280	$-2,595
4 Bedroom	$1,515	$5,050	$60,600	+$8,725

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$51,875

Annual household

2BR Required Salary

$40,400

Under 30% rule

Income Gap

+$11,475

Surplus

Verdict

Affordable

Ratio: 23.4%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Lore City

Your Annual Salary

Pre-filled with Lore City's median household income

Max monthly rent you can afford$1,297

Studio

$707/mo

1 BR

$838/mo

2 BR

$1,010/mo

3 BR

$1,232/mo

4 BR

$1,515/mo

Your salary is $0 above the median income in Lore City.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Lore City

Living in Lore City is well within reach for most median-income earners. With a $11,475 cushion between what residents earn and what a 2-bedroom requires, households in Lore City typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Lore City, a studio at $707/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,232/month remains accessible for dual-income households earning above $49,280.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $60,600 would position you well — though many residents in Lore City 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 Lore City, Ohio.

With a total population of 353, the city supports an active civilian workforce of 144 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,400 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

144

Active civilian employees in Lore City

Frequently Asked Questions About Renting in Lore City

What salary do I need to live in Lore City, Ohio?

To afford a 2-bedroom in Lore City under the 30% rule, you need an annual salary of at least $40,400. The median household income in Lore City is $51,875.

Can I afford a 2-bedroom in Lore City on $51,875?

The affordability verdict for Lore City is "Affordable". The rent-to-income ratio is 23.4%, meaning median earners have a $11,475 surplus.

What is the average rent in Lore City compared to median income?

The median gross rent in Lore City is $838/month. With a median household income of $51,875, residents spend approximately 23.4% of their income on rent.

What salary do I need for a studio in Lore City?

A studio in Lore City rents for approximately $707/month. Under the 30% rule, you need an annual salary of $28,280 to afford this.

Is Lore City considered an affordable place to live?

Based on the surplus of $11,475 and an affordability verdict of "Affordable", Lore City is considered a affordable rental market when comparing the required 2-bedroom salary of $40,400 to the local median household income.

How Lore City Compares

Other cities in Ohio with salary requirements