Affordable

What Salary Do You Need to Live in Goldthwaite?

To afford a 2-bedroom in Goldthwaite, you need to earn at least $29,320/year based on estimated fair market rent data. The median household income here is $57,022, which means the typical resident is $27,702 above the threshold.

Census ACS Data Pop. 1,817

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$513	$1,710	$20,520	$-36,502
1 Bedroom	$608	$2,027	$24,320	$-32,702
2 Bedroom BENCHMARK	$733	$2,443	$29,320	$-27,702
3 Bedroom	$894	$2,980	$35,760	$-21,262
4 Bedroom	$1,100	$3,667	$44,000	$-13,022

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$57,022

Annual household

2BR Required Salary

$29,320

Under 30% rule

Income Gap

+$27,702

Surplus

Verdict

Affordable

Ratio: 15.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Goldthwaite's median household income

Max monthly rent you can afford$1,426

Studio

$513/mo

1 BR

$608/mo

2 BR

$733/mo

3 BR

$894/mo

4 BR

$1,100/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Goldthwaite

Goldthwaite, Texas stands out as one of the more financially accessible housing markets in the state. The median household income of $57,022 significantly exceeds the $29,320 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $27,702 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Goldthwaite, a studio at $513/month offers an even more aggressive savings rate. Even a 3-bedroom at $894/month remains accessible for dual-income households earning above $35,760.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $43,980 would position you well — though many residents in Goldthwaite 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 Goldthwaite, Texas.

With a total population of 1,817, the city supports an active civilian workforce of 948 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $29,320 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

948

Active civilian employees in Goldthwaite

Frequently Asked Questions About Renting in Goldthwaite

What salary do I need to live in Goldthwaite, Texas?

To afford a 2-bedroom in Goldthwaite under the 30% rule, you need an annual salary of at least $29,320. The median household income in Goldthwaite is $57,022.

Can I afford a 2-bedroom in Goldthwaite on $57,022?

The affordability verdict for Goldthwaite is "Affordable". The rent-to-income ratio is 15.4%, meaning median earners have a $27,702 surplus.

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

The median gross rent in Goldthwaite is $608/month. With a median household income of $57,022, residents spend approximately 15.4% of their income on rent.

What salary do I need for a studio in Goldthwaite?

A studio in Goldthwaite rents for approximately $513/month. Under the 30% rule, you need an annual salary of $20,520 to afford this.

Is Goldthwaite considered an affordable place to live?

Based on the surplus of $27,702 and an affordability verdict of "Affordable", Goldthwaite is considered a affordable rental market when comparing the required 2-bedroom salary of $29,320 to the local median household income.

How Goldthwaite Compares

Other cities in Texas with salary requirements