Affordable

What Salary Do You Need to Live in Mingo Junction?

To afford a 2-bedroom in Mingo Junction, you need to earn at least $38,400/year based on estimated fair market rent data. The median household income here is $58,141, which means the typical resident is $19,741 above the threshold.

Census ACS Data Pop. 3,565

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$672	$2,240	$26,880	$-31,261
1 Bedroom	$797	$2,657	$31,880	$-26,261
2 Bedroom BENCHMARK	$960	$3,200	$38,400	$-19,741
3 Bedroom	$1,171	$3,903	$46,840	$-11,301
4 Bedroom	$1,440	$4,800	$57,600	$-541

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$58,141

Annual household

2BR Required Salary

$38,400

Under 30% rule

Income Gap

+$19,741

Surplus

Verdict

Affordable

Ratio: 19.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Mingo Junction

Your Annual Salary

Pre-filled with Mingo Junction's median household income

Max monthly rent you can afford$1,454

Studio

$672/mo

1 BR

$797/mo

2 BR

$960/mo

3 BR

$1,171/mo

4 BR

$1,440/mo

Your salary is $0 above the median income in Mingo Junction.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Mingo Junction

Living in Mingo Junction is well within reach for most median-income earners. With a $19,741 cushion between what residents earn and what a 2-bedroom requires, households in Mingo Junction typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Mingo Junction, a studio at $672/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,171/month remains accessible for dual-income households earning above $46,840.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $57,600 would position you well — though many residents in Mingo Junction 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 Mingo Junction, Ohio.

With a total population of 3,565, the city supports an active civilian workforce of 1,727 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $38,400 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

1,727

Active civilian employees in Mingo Junction

Frequently Asked Questions About Renting in Mingo Junction

What salary do I need to live in Mingo Junction, Ohio?

To afford a 2-bedroom in Mingo Junction under the 30% rule, you need an annual salary of at least $38,400. The median household income in Mingo Junction is $58,141.

Can I afford a 2-bedroom in Mingo Junction on $58,141?

The affordability verdict for Mingo Junction is "Affordable". The rent-to-income ratio is 19.8%, meaning median earners have a $19,741 surplus.

What is the average rent in Mingo Junction compared to median income?

The median gross rent in Mingo Junction is $797/month. With a median household income of $58,141, residents spend approximately 19.8% of their income on rent.

What salary do I need for a studio in Mingo Junction?

A studio in Mingo Junction rents for approximately $672/month. Under the 30% rule, you need an annual salary of $26,880 to afford this.

Is Mingo Junction considered an affordable place to live?

Based on the surplus of $19,741 and an affordability verdict of "Affordable", Mingo Junction is considered a affordable rental market when comparing the required 2-bedroom salary of $38,400 to the local median household income.

How Mingo Junction Compares

Other cities in Ohio with salary requirements