Affordable

What Salary Do You Need to Live in Powells Crossroads?

To afford a 2-bedroom in Powells Crossroads, you need to earn at least $46,160/year based on estimated fair market rent data. The median household income here is $64,100, which means the typical resident is $17,940 above the threshold.

Census ACS Data Pop. 1,686

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$808	$2,693	$32,320	$-31,780
1 Bedroom	$958	$3,193	$38,320	$-25,780
2 Bedroom BENCHMARK	$1,154	$3,847	$46,160	$-17,940
3 Bedroom	$1,408	$4,693	$56,320	$-7,780
4 Bedroom	$1,731	$5,770	$69,240	+$5,140

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$64,100

Annual household

2BR Required Salary

$46,160

Under 30% rule

Income Gap

+$17,940

Surplus

Verdict

Affordable

Ratio: 21.6%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Powells Crossroads

Your Annual Salary

Pre-filled with Powells Crossroads's median household income

Max monthly rent you can afford$1,603

Studio

$808/mo

1 BR

$958/mo

2 BR

$1,154/mo

3 BR

$1,408/mo

4 BR

$1,731/mo

Your salary is $0 above the median income in Powells Crossroads.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Powells Crossroads

Living in Powells Crossroads is well within reach for most median-income earners. With a $17,940 cushion between what residents earn and what a 2-bedroom requires, households in Powells Crossroads typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Powells Crossroads, a studio at $808/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,408/month remains accessible for dual-income households earning above $56,320.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $69,240 would position you well — though many residents in Powells Crossroads 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 Powells Crossroads, Tennessee.

With a total population of 1,686, the city supports an active civilian workforce of 772 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $46,160 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

772

Active civilian employees in Powells Crossroads

Frequently Asked Questions About Renting in Powells Crossroads

What salary do I need to live in Powells Crossroads, Tennessee?

To afford a 2-bedroom in Powells Crossroads under the 30% rule, you need an annual salary of at least $46,160. The median household income in Powells Crossroads is $64,100.

Can I afford a 2-bedroom in Powells Crossroads on $64,100?

The affordability verdict for Powells Crossroads is "Affordable". The rent-to-income ratio is 21.6%, meaning median earners have a $17,940 surplus.

What is the average rent in Powells Crossroads compared to median income?

The median gross rent in Powells Crossroads is $958/month. With a median household income of $64,100, residents spend approximately 21.6% of their income on rent.

What salary do I need for a studio in Powells Crossroads?

A studio in Powells Crossroads rents for approximately $808/month. Under the 30% rule, you need an annual salary of $32,320 to afford this.

Is Powells Crossroads considered an affordable place to live?

Based on the surplus of $17,940 and an affordability verdict of "Affordable", Powells Crossroads is considered a affordable rental market when comparing the required 2-bedroom salary of $46,160 to the local median household income.

How Powells Crossroads Compares

Other cities in Tennessee with salary requirements