Affordable

What Salary Do You Need to Live in Graham?

To afford a 2-bedroom in Graham, you need to earn at least $43,280/year based on estimated fair market rent data. The median household income here is $63,361, which means the typical resident is $20,081 above the threshold.

Census ACS Data Pop. 8,726

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$757	$2,523	$30,280	$-33,081
1 Bedroom	$898	$2,993	$35,920	$-27,441
2 Bedroom BENCHMARK	$1,082	$3,607	$43,280	$-20,081
3 Bedroom	$1,320	$4,400	$52,800	$-10,561
4 Bedroom	$1,623	$5,410	$64,920	+$1,559

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$63,361

Annual household

2BR Required Salary

$43,280

Under 30% rule

Income Gap

+$20,081

Surplus

Verdict

Affordable

Ratio: 20.5%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Graham's median household income

Max monthly rent you can afford$1,584

Studio

$757/mo

1 BR

$898/mo

2 BR

$1,082/mo

3 BR

$1,320/mo

4 BR

$1,623/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Graham

Graham, Texas stands out as one of the more financially accessible housing markets in the state. The median household income of $63,361 significantly exceeds the $43,280 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $20,081 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Graham, a studio at $757/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,320/month remains accessible for dual-income households earning above $52,800.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $64,920 would position you well — though many residents in Graham 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 Graham, Texas.

With a total population of 8,726, the city supports an active civilian workforce of 4,263 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $43,280 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

4,263

Active civilian employees in Graham

Frequently Asked Questions About Renting in Graham

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

To afford a 2-bedroom in Graham under the 30% rule, you need an annual salary of at least $43,280. The median household income in Graham is $63,361.

Can I afford a 2-bedroom in Graham on $63,361?

The affordability verdict for Graham is "Affordable". The rent-to-income ratio is 20.5%, meaning median earners have a $20,081 surplus.

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

The median gross rent in Graham is $898/month. With a median household income of $63,361, residents spend approximately 20.5% of their income on rent.

What salary do I need for a studio in Graham?

A studio in Graham rents for approximately $757/month. Under the 30% rule, you need an annual salary of $30,280 to afford this.

Is Graham considered an affordable place to live?

Based on the surplus of $20,081 and an affordability verdict of "Affordable", Graham is considered a affordable rental market when comparing the required 2-bedroom salary of $43,280 to the local median household income.

How Graham Compares

Other cities in Texas with salary requirements