Affordable

What Salary Do You Need to Live in Hornsby?

To afford a 2-bedroom in Hornsby, you need to earn at least $36,960/year based on estimated fair market rent data. The median household income here is $66,250, which means the typical resident is $29,290 above the threshold.

Census ACS Data Pop. 313

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$647	$2,157	$25,880	$-40,370
1 Bedroom	$767	$2,557	$30,680	$-35,570
2 Bedroom BENCHMARK	$924	$3,080	$36,960	$-29,290
3 Bedroom	$1,127	$3,757	$45,080	$-21,170
4 Bedroom	$1,386	$4,620	$55,440	$-10,810

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$66,250

Annual household

2BR Required Salary

$36,960

Under 30% rule

Income Gap

+$29,290

Surplus

Verdict

Affordable

Ratio: 16.7%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Hornsby's median household income

Max monthly rent you can afford$1,656

Studio

$647/mo

1 BR

$767/mo

2 BR

$924/mo

3 BR

$1,127/mo

4 BR

$1,386/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Hornsby

Hornsby, Tennessee stands out as one of the more financially accessible housing markets in the state. The median household income of $66,250 significantly exceeds the $36,960 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $29,290 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Hornsby, a studio at $647/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,127/month remains accessible for dual-income households earning above $45,080.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $55,440 would position you well — though many residents in Hornsby 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 Hornsby, Tennessee.

With a total population of 313, the city supports an active civilian workforce of 122 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $36,960 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

122

Active civilian employees in Hornsby

Frequently Asked Questions About Renting in Hornsby

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

To afford a 2-bedroom in Hornsby under the 30% rule, you need an annual salary of at least $36,960. The median household income in Hornsby is $66,250.

Can I afford a 2-bedroom in Hornsby on $66,250?

The affordability verdict for Hornsby is "Affordable". The rent-to-income ratio is 16.7%, meaning median earners have a $29,290 surplus.

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

The median gross rent in Hornsby is $767/month. With a median household income of $66,250, residents spend approximately 16.7% of their income on rent.

What salary do I need for a studio in Hornsby?

A studio in Hornsby rents for approximately $647/month. Under the 30% rule, you need an annual salary of $25,880 to afford this.

Is Hornsby considered an affordable place to live?

Based on the surplus of $29,290 and an affordability verdict of "Affordable", Hornsby is considered a affordable rental market when comparing the required 2-bedroom salary of $36,960 to the local median household income.

How Hornsby Compares

Other cities in Tennessee with salary requirements