Manageable

What Salary Do You Need to Live in Roscoe?

To afford a 2-bedroom in Roscoe, you need to earn at least $40,160/year based on estimated fair market rent data. The median household income here is $46,667, which means the typical resident is $6,507 above the threshold.

Census ACS Data Pop. 329

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$703	$2,343	$28,120	$-18,547
1 Bedroom	$833	$2,777	$33,320	$-13,347
2 Bedroom BENCHMARK	$1,004	$3,347	$40,160	$-6,507
3 Bedroom	$1,225	$4,083	$49,000	+$2,333
4 Bedroom	$1,506	$5,020	$60,240	+$13,573

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$46,667

Annual household

2BR Required Salary

$40,160

Under 30% rule

Income Gap

+$6,507

Surplus

Verdict

Manageable

Ratio: 25.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Roscoe's median household income

Max monthly rent you can afford$1,167

Studio

$703/mo

1 BR

$833/mo

2 BR

$1,004/mo

3 BR

$1,225/mo

4 BR

$1,506/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Roscoe

Renting in Roscoe, South Dakota is doable for median earners, but tight. A 2-bedroom requires roughly $40,160/year under the 30% rule, and with a median income of $46,667, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($833/month) or studio ($703/month) materially improves the math. For those needing more space, a 3-bedroom in Roscoe pushes the required income to $49,000.

For comfortable living in Roscoe without financial stress, target a household income of at least $60,240 — 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 Roscoe, South Dakota.

With a total population of 329, the city supports an active civilian workforce of 206 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,160 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

206

Active civilian employees in Roscoe

Frequently Asked Questions About Renting in Roscoe

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

To afford a 2-bedroom in Roscoe under the 30% rule, you need an annual salary of at least $40,160. The median household income in Roscoe is $46,667.

Can I afford a 2-bedroom in Roscoe on $46,667?

The affordability verdict for Roscoe is "Manageable". The rent-to-income ratio is 25.8%, meaning median earners have a $6,507 surplus.

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

The median gross rent in Roscoe is $833/month. With a median household income of $46,667, residents spend approximately 25.8% of their income on rent.

What salary do I need for a studio in Roscoe?

A studio in Roscoe rents for approximately $703/month. Under the 30% rule, you need an annual salary of $28,120 to afford this.

Is Roscoe considered an affordable place to live?

Based on the surplus of $6,507 and an affordability verdict of "Manageable", Roscoe is considered a manageable rental market when comparing the required 2-bedroom salary of $40,160 to the local median household income.

How Roscoe Compares

Other cities in South Dakota with salary requirements