Affordable

What Salary Do You Need to Live in Krum?

To afford a 2-bedroom in Krum, you need to earn at least $69,000/year based on estimated fair market rent data. The median household income here is $105,366, which means the typical resident is $36,366 above the threshold.

Census ACS Data Pop. 5,627

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,208	$4,027	$48,320	$-57,046
1 Bedroom	$1,432	$4,773	$57,280	$-48,086
2 Bedroom BENCHMARK	$1,725	$5,750	$69,000	$-36,366
3 Bedroom	$2,105	$7,017	$84,200	$-21,166
4 Bedroom	$2,588	$8,627	$103,520	$-1,846

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$105,366

Annual household

2BR Required Salary

$69,000

Under 30% rule

Income Gap

+$36,366

Surplus

Verdict

Affordable

Ratio: 19.6%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Krum's median household income

Max monthly rent you can afford$2,634

Studio

$1,208/mo

1 BR

$1,432/mo

2 BR

$1,725/mo

3 BR

$2,105/mo

4 BR

$2,588/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Krum

Krum, Texas stands out as one of the more financially accessible housing markets in the state. The median household income of $105,366 significantly exceeds the $69,000 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $36,366 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Krum, a studio at $1,208/month offers an even more aggressive savings rate. Even a 3-bedroom at $2,105/month remains accessible for dual-income households earning above $84,200.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $103,500 would position you well — though many residents in Krum 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 Krum, Texas.

With a total population of 5,627, the city supports an active civilian workforce of 2,978 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $69,000 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

2,978

Active civilian employees in Krum

Frequently Asked Questions About Renting in Krum

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

To afford a 2-bedroom in Krum under the 30% rule, you need an annual salary of at least $69,000. The median household income in Krum is $105,366.

Can I afford a 2-bedroom in Krum on $105,366?

The affordability verdict for Krum is "Affordable". The rent-to-income ratio is 19.6%, meaning median earners have a $36,366 surplus.

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

The median gross rent in Krum is $1,432/month. With a median household income of $105,366, residents spend approximately 19.6% of their income on rent.

What salary do I need for a studio in Krum?

A studio in Krum rents for approximately $1,208/month. Under the 30% rule, you need an annual salary of $48,320 to afford this.

Is Krum considered an affordable place to live?

Based on the surplus of $36,366 and an affordability verdict of "Affordable", Krum is considered a affordable rental market when comparing the required 2-bedroom salary of $69,000 to the local median household income.

How Krum Compares

Other cities in Texas with salary requirements