Manageable

What Salary Do You Need to Live in Dyer?

To afford a 2-bedroom in Dyer, you need to earn at least $36,720/year based on estimated fair market rent data. The median household income here is $41,989, which means the typical resident is $5,269 above the threshold.

Census ACS Data Pop. 2,498

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$643	$2,143	$25,720	$-16,269
1 Bedroom	$762	$2,540	$30,480	$-11,509
2 Bedroom BENCHMARK	$918	$3,060	$36,720	$-5,269
3 Bedroom	$1,120	$3,733	$44,800	+$2,811
4 Bedroom	$1,377	$4,590	$55,080	+$13,091

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$41,989

Annual household

2BR Required Salary

$36,720

Under 30% rule

Income Gap

+$5,269

Surplus

Verdict

Manageable

Ratio: 26.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Dyer's median household income

Max monthly rent you can afford$1,050

Studio

$643/mo

1 BR

$762/mo

2 BR

$918/mo

3 BR

$1,120/mo

4 BR

$1,377/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Dyer

Renting in Dyer, Tennessee is doable for median earners, but tight. A 2-bedroom requires roughly $36,720/year under the 30% rule, and with a median income of $41,989, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($762/month) or studio ($643/month) materially improves the math. For those needing more space, a 3-bedroom in Dyer pushes the required income to $44,800.

For comfortable living in Dyer without financial stress, target a household income of at least $55,080 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Tennessee'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 Dyer, Tennessee.

With a total population of 2,498, the city supports an active civilian workforce of 867 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $36,720 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

867

Active civilian employees in Dyer

Frequently Asked Questions About Renting in Dyer

What salary do I need to live in Dyer, Tennessee?

To afford a 2-bedroom in Dyer under the 30% rule, you need an annual salary of at least $36,720. The median household income in Dyer is $41,989.

Can I afford a 2-bedroom in Dyer on $41,989?

The affordability verdict for Dyer is "Manageable". The rent-to-income ratio is 26.2%, meaning median earners have a $5,269 surplus.

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

The median gross rent in Dyer is $762/month. With a median household income of $41,989, residents spend approximately 26.2% of their income on rent.

What salary do I need for a studio in Dyer?

A studio in Dyer rents for approximately $643/month. Under the 30% rule, you need an annual salary of $25,720 to afford this.

Is Dyer considered an affordable place to live?

Based on the surplus of $5,269 and an affordability verdict of "Manageable", Dyer is considered a manageable rental market when comparing the required 2-bedroom salary of $36,720 to the local median household income.

How Dyer Compares

Other cities in Tennessee with salary requirements