Affordable

What Salary Do You Need to Live in Hayti?

To afford a 2-bedroom in Hayti, you need to earn at least $34,880/year based on estimated fair market rent data. The median household income here is $67,250, which means the typical resident is $32,370 above the threshold.

Census ACS Data Pop. 369

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$610	$2,033	$24,400	$-42,850
1 Bedroom	$724	$2,413	$28,960	$-38,290
2 Bedroom BENCHMARK	$872	$2,907	$34,880	$-32,370
3 Bedroom	$1,064	$3,547	$42,560	$-24,690
4 Bedroom	$1,308	$4,360	$52,320	$-14,930

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$67,250

Annual household

2BR Required Salary

$34,880

Under 30% rule

Income Gap

+$32,370

Surplus

Verdict

Affordable

Ratio: 15.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Hayti's median household income

Max monthly rent you can afford$1,681

Studio

$610/mo

1 BR

$724/mo

2 BR

$872/mo

3 BR

$1,064/mo

4 BR

$1,308/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Hayti

Hayti, South Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $67,250 significantly exceeds the $34,880 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $32,370 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Hayti, a studio at $610/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,064/month remains accessible for dual-income households earning above $42,560.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $52,320 would position you well — though many residents in Hayti 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 Hayti, South Dakota.

With a total population of 369, the city supports an active civilian workforce of 231 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,880 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

231

Active civilian employees in Hayti

Frequently Asked Questions About Renting in Hayti

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

To afford a 2-bedroom in Hayti under the 30% rule, you need an annual salary of at least $34,880. The median household income in Hayti is $67,250.

Can I afford a 2-bedroom in Hayti on $67,250?

The affordability verdict for Hayti is "Affordable". The rent-to-income ratio is 15.6%, meaning median earners have a $32,370 surplus.

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

The median gross rent in Hayti is $724/month. With a median household income of $67,250, residents spend approximately 15.6% of their income on rent.

What salary do I need for a studio in Hayti?

A studio in Hayti rents for approximately $610/month. Under the 30% rule, you need an annual salary of $24,400 to afford this.

Is Hayti considered an affordable place to live?

Based on the surplus of $32,370 and an affordability verdict of "Affordable", Hayti is considered a affordable rental market when comparing the required 2-bedroom salary of $34,880 to the local median household income.

How Hayti Compares

Other cities in South Dakota with salary requirements