Affordable

What Salary Do You Need to Live in Markham?

To afford a 2-bedroom in Markham, you need to earn at least $40,960/year based on estimated fair market rent data. The median household income here is $59,410, which means the typical resident is $18,450 above the threshold.

Census ACS Data Pop. 1,222

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$717	$2,390	$28,680	$-30,730
1 Bedroom	$850	$2,833	$34,000	$-25,410
2 Bedroom BENCHMARK	$1,024	$3,413	$40,960	$-18,450
3 Bedroom	$1,249	$4,163	$49,960	$-9,450
4 Bedroom	$1,536	$5,120	$61,440	+$2,030

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$59,410

Annual household

2BR Required Salary

$40,960

Under 30% rule

Income Gap

+$18,450

Surplus

Verdict

Affordable

Ratio: 20.7%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Markham's median household income

Max monthly rent you can afford$1,485

Studio

$717/mo

1 BR

$850/mo

2 BR

$1,024/mo

3 BR

$1,249/mo

4 BR

$1,536/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Markham

Living in Markham is well within reach for most median-income earners. With a $18,450 cushion between what residents earn and what a 2-bedroom requires, households in Markham typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Markham, a studio at $717/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,249/month remains accessible for dual-income households earning above $49,960.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $61,440 would position you well — though many residents in Markham 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 Markham, Texas.

With a total population of 1,222, the city supports an active civilian workforce of 330 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,960 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

330

Active civilian employees in Markham

Frequently Asked Questions About Renting in Markham

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

To afford a 2-bedroom in Markham under the 30% rule, you need an annual salary of at least $40,960. The median household income in Markham is $59,410.

Can I afford a 2-bedroom in Markham on $59,410?

The affordability verdict for Markham is "Affordable". The rent-to-income ratio is 20.7%, meaning median earners have a $18,450 surplus.

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

The median gross rent in Markham is $850/month. With a median household income of $59,410, residents spend approximately 20.7% of their income on rent.

What salary do I need for a studio in Markham?

A studio in Markham rents for approximately $717/month. Under the 30% rule, you need an annual salary of $28,680 to afford this.

Is Markham considered an affordable place to live?

Based on the surplus of $18,450 and an affordability verdict of "Affordable", Markham is considered a affordable rental market when comparing the required 2-bedroom salary of $40,960 to the local median household income.

How Markham Compares

Other cities in Texas with salary requirements