Affordable

What Salary Do You Need to Live in Hitchcock?

To afford a 2-bedroom in Hitchcock, you need to earn at least $37,600/year based on estimated fair market rent data. The median household income here is $62,500, which means the typical resident is $24,900 above the threshold.

Census ACS Data Pop. 102

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$658	$2,193	$26,320	$-36,180
1 Bedroom	$780	$2,600	$31,200	$-31,300
2 Bedroom BENCHMARK	$940	$3,133	$37,600	$-24,900
3 Bedroom	$1,147	$3,823	$45,880	$-16,620
4 Bedroom	$1,410	$4,700	$56,400	$-6,100

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$62,500

Annual household

2BR Required Salary

$37,600

Under 30% rule

Income Gap

+$24,900

Surplus

Verdict

Affordable

Ratio: 18.0%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Hitchcock's median household income

Max monthly rent you can afford$1,563

Studio

$658/mo

1 BR

$780/mo

2 BR

$940/mo

3 BR

$1,147/mo

4 BR

$1,410/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Hitchcock

Hitchcock, South Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $62,500 significantly exceeds the $37,600 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $24,900 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Hitchcock, a studio at $658/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,147/month remains accessible for dual-income households earning above $45,880.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $56,400 would position you well — though many residents in Hitchcock 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 Hitchcock, South Dakota.

With a total population of 102, the city supports an active civilian workforce of 37 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $37,600 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

Active civilian employees in Hitchcock

Frequently Asked Questions About Renting in Hitchcock

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

To afford a 2-bedroom in Hitchcock under the 30% rule, you need an annual salary of at least $37,600. The median household income in Hitchcock is $62,500.

Can I afford a 2-bedroom in Hitchcock on $62,500?

The affordability verdict for Hitchcock is "Affordable". The rent-to-income ratio is 18.0%, meaning median earners have a $24,900 surplus.

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

The median gross rent in Hitchcock is $780/month. With a median household income of $62,500, residents spend approximately 18.0% of their income on rent.

What salary do I need for a studio in Hitchcock?

A studio in Hitchcock rents for approximately $658/month. Under the 30% rule, you need an annual salary of $26,320 to afford this.

Is Hitchcock considered an affordable place to live?

Based on the surplus of $24,900 and an affordability verdict of "Affordable", Hitchcock is considered a affordable rental market when comparing the required 2-bedroom salary of $37,600 to the local median household income.

How Hitchcock Compares

Other cities in South Dakota with salary requirements