Affordable

What Salary Do You Need to Live in Summerton?

To afford a 2-bedroom in Summerton, you need to earn at least $18,800/year based on estimated fair market rent data. The median household income here is $36,164, which means the typical resident is $17,364 above the threshold.

Census ACS Data Pop. 714

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$329	$1,097	$13,160	$-23,004
1 Bedroom	$390	$1,300	$15,600	$-20,564
2 Bedroom BENCHMARK	$470	$1,567	$18,800	$-17,364
3 Bedroom	$573	$1,910	$22,920	$-13,244
4 Bedroom	$705	$2,350	$28,200	$-7,964

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$36,164

Annual household

2BR Required Salary

$18,800

Under 30% rule

Income Gap

+$17,364

Surplus

Verdict

Affordable

Ratio: 15.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Summerton's median household income

Max monthly rent you can afford$904

Studio

$329/mo

1 BR

$390/mo

2 BR

$470/mo

3 BR

$573/mo

4 BR

$705/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Summerton

Living in Summerton is well within reach for most median-income earners. With a $17,364 cushion between what residents earn and what a 2-bedroom requires, households in Summerton typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Summerton, a studio at $329/month offers an even more aggressive savings rate. Even a 3-bedroom at $573/month remains accessible for dual-income households earning above $22,920.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $28,200 would position you well — though many residents in Summerton 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 Summerton, South Carolina.

With a total population of 714, 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 $18,800 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 Summerton

Frequently Asked Questions About Renting in Summerton

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

To afford a 2-bedroom in Summerton under the 30% rule, you need an annual salary of at least $18,800. The median household income in Summerton is $36,164.

Can I afford a 2-bedroom in Summerton on $36,164?

The affordability verdict for Summerton is "Affordable". The rent-to-income ratio is 15.6%, meaning median earners have a $17,364 surplus.

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

The median gross rent in Summerton is $390/month. With a median household income of $36,164, residents spend approximately 15.6% of their income on rent.

What salary do I need for a studio in Summerton?

A studio in Summerton rents for approximately $329/month. Under the 30% rule, you need an annual salary of $13,160 to afford this.

Is Summerton considered an affordable place to live?

Based on the surplus of $17,364 and an affordability verdict of "Affordable", Summerton is considered a affordable rental market when comparing the required 2-bedroom salary of $18,800 to the local median household income.

How Summerton Compares

Other cities in South Carolina with salary requirements