Manageable

What Salary Do You Need to Live in Lemmon?

To afford a 2-bedroom in Lemmon, you need to earn at least $32,240/year based on estimated fair market rent data. The median household income here is $38,125, which means the typical resident is $5,885 above the threshold.

Census ACS Data Pop. 1,118

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$564	$1,880	$22,560	$-15,565
1 Bedroom	$669	$2,230	$26,760	$-11,365
2 Bedroom BENCHMARK	$806	$2,687	$32,240	$-5,885
3 Bedroom	$983	$3,277	$39,320	+$1,195
4 Bedroom	$1,209	$4,030	$48,360	+$10,235

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$38,125

Annual household

2BR Required Salary

$32,240

Under 30% rule

Income Gap

+$5,885

Surplus

Verdict

Manageable

Ratio: 25.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Lemmon's median household income

Max monthly rent you can afford$953

Studio

$564/mo

1 BR

$669/mo

2 BR

$806/mo

3 BR

$983/mo

4 BR

$1,209/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Lemmon

Renting in Lemmon, South Dakota is doable for median earners, but tight. A 2-bedroom requires roughly $32,240/year under the 30% rule, and with a median income of $38,125, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($669/month) or studio ($564/month) materially improves the math. For those needing more space, a 3-bedroom in Lemmon pushes the required income to $39,320.

For comfortable living in Lemmon without financial stress, target a household income of at least $48,360 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for South Dakota's cost of living.

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 Lemmon, South Dakota.

With a total population of 1,118, the city supports an active civilian workforce of 560 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $32,240 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

560

Active civilian employees in Lemmon

Frequently Asked Questions About Renting in Lemmon

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

To afford a 2-bedroom in Lemmon under the 30% rule, you need an annual salary of at least $32,240. The median household income in Lemmon is $38,125.

Can I afford a 2-bedroom in Lemmon on $38,125?

The affordability verdict for Lemmon is "Manageable". The rent-to-income ratio is 25.4%, meaning median earners have a $5,885 surplus.

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

The median gross rent in Lemmon is $669/month. With a median household income of $38,125, residents spend approximately 25.4% of their income on rent.

What salary do I need for a studio in Lemmon?

A studio in Lemmon rents for approximately $564/month. Under the 30% rule, you need an annual salary of $22,560 to afford this.

Is Lemmon considered an affordable place to live?

Based on the surplus of $5,885 and an affordability verdict of "Manageable", Lemmon is considered a manageable rental market when comparing the required 2-bedroom salary of $32,240 to the local median household income.

How Lemmon Compares

Other cities in South Dakota with salary requirements