Affordable

What Salary Do You Need to Live in Ardmore?

To afford a 2-bedroom in Ardmore, you need to earn at least $77,840/year based on estimated fair market rent data. The median household income here is $117,997, which means the typical resident is $40,157 above the threshold.

Census ACS Data Pop. 14,075

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,362	$4,540	$54,480	$-63,517
1 Bedroom	$1,615	$5,383	$64,600	$-53,397
2 Bedroom BENCHMARK	$1,946	$6,487	$77,840	$-40,157
3 Bedroom	$2,374	$7,913	$94,960	$-23,037
4 Bedroom	$2,919	$9,730	$116,760	$-1,237

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$117,997

Annual household

2BR Required Salary

$77,840

Under 30% rule

Income Gap

+$40,157

Surplus

Verdict

Affordable

Ratio: 19.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Ardmore's median household income

Max monthly rent you can afford$2,950

Studio

$1,362/mo

1 BR

$1,615/mo

2 BR

$1,946/mo

3 BR

$2,374/mo

4 BR

$2,919/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Ardmore

Ardmore, Pennsylvania stands out as one of the more financially accessible housing markets in the state. The median household income of $117,997 significantly exceeds the $77,840 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $40,157 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Ardmore, a studio at $1,362/month offers an even more aggressive savings rate. Even a 3-bedroom at $2,374/month remains accessible for dual-income households earning above $94,960.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $116,760 would position you well — though many residents in Ardmore 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 Ardmore, Pennsylvania.

With a total population of 14,075, the city supports an active civilian workforce of 7,681 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $77,840 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

7,681

Active civilian employees in Ardmore

Frequently Asked Questions About Renting in Ardmore

What salary do I need to live in Ardmore, Pennsylvania?

To afford a 2-bedroom in Ardmore under the 30% rule, you need an annual salary of at least $77,840. The median household income in Ardmore is $117,997.

Can I afford a 2-bedroom in Ardmore on $117,997?

The affordability verdict for Ardmore is "Affordable". The rent-to-income ratio is 19.8%, meaning median earners have a $40,157 surplus.

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

The median gross rent in Ardmore is $1,615/month. With a median household income of $117,997, residents spend approximately 19.8% of their income on rent.

What salary do I need for a studio in Ardmore?

A studio in Ardmore rents for approximately $1,362/month. Under the 30% rule, you need an annual salary of $54,480 to afford this.

Is Ardmore considered an affordable place to live?

Based on the surplus of $40,157 and an affordability verdict of "Affordable", Ardmore is considered a affordable rental market when comparing the required 2-bedroom salary of $77,840 to the local median household income.

How Ardmore Compares

Other cities in Pennsylvania with salary requirements