Affordable

What Salary Do You Need to Live in Baltic?

To afford a 2-bedroom in Baltic, you need to earn at least $52,200/year based on estimated fair market rent data. The median household income here is $94,167, which means the typical resident is $41,967 above the threshold.

Census ACS Data Pop. 1,440

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$913	$3,043	$36,520	$-57,647
1 Bedroom	$1,083	$3,610	$43,320	$-50,847
2 Bedroom BENCHMARK	$1,305	$4,350	$52,200	$-41,967
3 Bedroom	$1,592	$5,307	$63,680	$-30,487
4 Bedroom	$1,958	$6,527	$78,320	$-15,847

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$94,167

Annual household

2BR Required Salary

$52,200

Under 30% rule

Income Gap

+$41,967

Surplus

Verdict

Affordable

Ratio: 16.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Baltic's median household income

Max monthly rent you can afford$2,354

Studio

$913/mo

1 BR

$1,083/mo

2 BR

$1,305/mo

3 BR

$1,592/mo

4 BR

$1,958/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Baltic

Baltic, South Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $94,167 significantly exceeds the $52,200 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $41,967 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Baltic, a studio at $913/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,592/month remains accessible for dual-income households earning above $63,680.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $78,300 would position you well — though many residents in Baltic 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 Baltic, South Dakota.

With a total population of 1,440, the city supports an active civilian workforce of 773 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $52,200 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

773

Active civilian employees in Baltic

Frequently Asked Questions About Renting in Baltic

What salary do I need to live in Baltic, South Dakota?

To afford a 2-bedroom in Baltic under the 30% rule, you need an annual salary of at least $52,200. The median household income in Baltic is $94,167.

Can I afford a 2-bedroom in Baltic on $94,167?

The affordability verdict for Baltic is "Affordable". The rent-to-income ratio is 16.6%, meaning median earners have a $41,967 surplus.

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

The median gross rent in Baltic is $1,083/month. With a median household income of $94,167, residents spend approximately 16.6% of their income on rent.

What salary do I need for a studio in Baltic?

A studio in Baltic rents for approximately $913/month. Under the 30% rule, you need an annual salary of $36,520 to afford this.

Is Baltic considered an affordable place to live?

Based on the surplus of $41,967 and an affordability verdict of "Affordable", Baltic is considered a affordable rental market when comparing the required 2-bedroom salary of $52,200 to the local median household income.

How Baltic Compares

Other cities in South Dakota with salary requirements