Affordable

What Salary Do You Need to Live in Parrottsville?

To afford a 2-bedroom in Parrottsville, you need to earn at least $37,440/year based on estimated fair market rent data. The median household income here is $45,987, which means the typical resident is $8,547 above the threshold.

Census ACS Data Pop. 351

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$655	$2,183	$26,200	$-19,787
1 Bedroom	$777	$2,590	$31,080	$-14,907
2 Bedroom BENCHMARK	$936	$3,120	$37,440	$-8,547
3 Bedroom	$1,142	$3,807	$45,680	$-307
4 Bedroom	$1,404	$4,680	$56,160	+$10,173

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$45,987

Annual household

2BR Required Salary

$37,440

Under 30% rule

Income Gap

+$8,547

Surplus

Verdict

Affordable

Ratio: 24.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Parrottsville's median household income

Max monthly rent you can afford$1,150

Studio

$655/mo

1 BR

$777/mo

2 BR

$936/mo

3 BR

$1,142/mo

4 BR

$1,404/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Parrottsville

Living in Parrottsville is well within reach for most median-income earners. With a $8,547 cushion between what residents earn and what a 2-bedroom requires, households in Parrottsville typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Parrottsville, a studio at $655/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,142/month remains accessible for dual-income households earning above $45,680.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $56,160 would position you well — though many residents in Parrottsville 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 Parrottsville, Tennessee.

With a total population of 351, the city supports an active civilian workforce of 146 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $37,440 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

146

Active civilian employees in Parrottsville

Frequently Asked Questions About Renting in Parrottsville

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

To afford a 2-bedroom in Parrottsville under the 30% rule, you need an annual salary of at least $37,440. The median household income in Parrottsville is $45,987.

Can I afford a 2-bedroom in Parrottsville on $45,987?

The affordability verdict for Parrottsville is "Affordable". The rent-to-income ratio is 24.4%, meaning median earners have a $8,547 surplus.

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

The median gross rent in Parrottsville is $777/month. With a median household income of $45,987, residents spend approximately 24.4% of their income on rent.

What salary do I need for a studio in Parrottsville?

A studio in Parrottsville rents for approximately $655/month. Under the 30% rule, you need an annual salary of $26,200 to afford this.

Is Parrottsville considered an affordable place to live?

Based on the surplus of $8,547 and an affordability verdict of "Affordable", Parrottsville is considered a affordable rental market when comparing the required 2-bedroom salary of $37,440 to the local median household income.

How Parrottsville Compares

Other cities in Tennessee with salary requirements