Manageable

What Salary Do You Need to Live in Holly Lake Ranch?

To afford a 2-bedroom in Holly Lake Ranch, you need to earn at least $57,240/year based on estimated fair market rent data. The median household income here is $65,962, which means the typical resident is $8,722 above the threshold.

Census ACS Data Pop. 2,523

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,002	$3,340	$40,080	$-25,882
1 Bedroom	$1,188	$3,960	$47,520	$-18,442
2 Bedroom BENCHMARK	$1,431	$4,770	$57,240	$-8,722
3 Bedroom	$1,746	$5,820	$69,840	+$3,878
4 Bedroom	$2,147	$7,157	$85,880	+$19,918

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$65,962

Annual household

2BR Required Salary

$57,240

Under 30% rule

Income Gap

+$8,722

Surplus

Verdict

Manageable

Ratio: 26.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Holly Lake Ranch

Your Annual Salary

Pre-filled with Holly Lake Ranch's median household income

Max monthly rent you can afford$1,649

Studio

$1,002/mo

1 BR

$1,188/mo

2 BR

$1,431/mo

3 BR

$1,746/mo

4 BR

$2,147/mo

Your salary is $0 above the median income in Holly Lake Ranch.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Holly Lake Ranch

Renting in Holly Lake Ranch, Texas is doable for median earners, but tight. A 2-bedroom requires roughly $57,240/year under the 30% rule, and with a median income of $65,962, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($1,188/month) or studio ($1,002/month) materially improves the math. For those needing more space, a 3-bedroom in Holly Lake Ranch pushes the required income to $69,840.

For comfortable living in Holly Lake Ranch without financial stress, target a household income of at least $85,860 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Texas's cost of living.

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 Holly Lake Ranch, Texas.

With a total population of 2,523, the city supports an active civilian workforce of 605 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $57,240 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

605

Active civilian employees in Holly Lake Ranch

Frequently Asked Questions About Renting in Holly Lake Ranch

What salary do I need to live in Holly Lake Ranch, Texas?

To afford a 2-bedroom in Holly Lake Ranch under the 30% rule, you need an annual salary of at least $57,240. The median household income in Holly Lake Ranch is $65,962.

Can I afford a 2-bedroom in Holly Lake Ranch on $65,962?

The affordability verdict for Holly Lake Ranch is "Manageable". The rent-to-income ratio is 26.0%, meaning median earners have a $8,722 surplus.

What is the average rent in Holly Lake Ranch compared to median income?

The median gross rent in Holly Lake Ranch is $1,188/month. With a median household income of $65,962, residents spend approximately 26.0% of their income on rent.

What salary do I need for a studio in Holly Lake Ranch?

A studio in Holly Lake Ranch rents for approximately $1,002/month. Under the 30% rule, you need an annual salary of $40,080 to afford this.

Is Holly Lake Ranch considered an affordable place to live?

Based on the surplus of $8,722 and an affordability verdict of "Manageable", Holly Lake Ranch is considered a manageable rental market when comparing the required 2-bedroom salary of $57,240 to the local median household income.

How Holly Lake Ranch Compares

Other cities in Texas with salary requirements