Stretched

What Salary Do You Need to Live in Perry?

To afford a 2-bedroom in Perry, you need to earn at least $37,920/year based on estimated fair market rent data. The median household income here is $32,250, which means the typical resident is $5,670 below the threshold.

Census ACS Data Pop. 288

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$664	$2,213	$26,560	$-5,690
1 Bedroom	$787	$2,623	$31,480	$-770
2 Bedroom BENCHMARK	$948	$3,160	$37,920	+$5,670
3 Bedroom	$1,157	$3,857	$46,280	+$14,030
4 Bedroom	$1,422	$4,740	$56,880	+$24,630

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$32,250

Annual household

2BR Required Salary

$37,920

Under 30% rule

Income Gap

-$5,670

Deficit

Verdict

Stretched

Ratio: 35.3%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Perry's median household income

Max monthly rent you can afford$806

Studio

$664/mo

1 BR

$787/mo

2 BR

$948/mo

3 BR

$1,157/mo

4 BR

$1,422/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Perry

Perry's rental market puts real pressure on median earners. A 2-bedroom at $948/month requires $37,920/year — about $5,670 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Perry, target the studio or 1-bedroom tier ($664–$787/month) unless your income exceeds $37,920. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $474/month.

The break-even salary for comfortable living in Perry is approximately $56,880. Below this threshold, expect housing to consume a disproportionate share of your budget, limiting discretionary spending and savings capacity.

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 Perry, South Carolina.

With a total population of 288, the city supports an active civilian workforce of 113 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $37,920 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

113

Active civilian employees in Perry

Frequently Asked Questions About Renting in Perry

What salary do I need to live in Perry, South Carolina?

To afford a 2-bedroom in Perry under the 30% rule, you need an annual salary of at least $37,920. The median household income in Perry is $32,250.

Can I afford a 2-bedroom in Perry on $32,250?

The affordability verdict for Perry is "Stretched". The rent-to-income ratio is 35.3%, meaning there's a $5,670 income gap.

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

The median gross rent in Perry is $787/month. With a median household income of $32,250, residents spend approximately 35.3% of their income on rent.

What salary do I need for a studio in Perry?

A studio in Perry rents for approximately $664/month. Under the 30% rule, you need an annual salary of $26,560 to afford this.

Is Perry considered an affordable place to live?

Based on the deficit of $5,670 and an affordability verdict of "Stretched", Perry is considered a stretched rental market when comparing the required 2-bedroom salary of $37,920 to the local median household income.

How Perry Compares

Other cities in South Carolina with salary requirements