Affordable

What Salary Do You Need to Live in Mustang Ridge?

To afford a 2-bedroom in Mustang Ridge, you need to earn at least $63,000/year based on estimated fair market rent data. The median household income here is $90,605, which means the typical resident is $27,605 above the threshold.

Census ACS Data Pop. 1,475

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,103	$3,677	$44,120	$-46,485
1 Bedroom	$1,307	$4,357	$52,280	$-38,325
2 Bedroom BENCHMARK	$1,575	$5,250	$63,000	$-27,605
3 Bedroom	$1,922	$6,407	$76,880	$-13,725
4 Bedroom	$2,363	$7,877	$94,520	+$3,915

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$90,605

Annual household

2BR Required Salary

$63,000

Under 30% rule

Income Gap

+$27,605

Surplus

Verdict

Affordable

Ratio: 20.9%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Mustang Ridge

Your Annual Salary

Pre-filled with Mustang Ridge's median household income

Max monthly rent you can afford$2,265

Studio

$1,103/mo

1 BR

$1,307/mo

2 BR

$1,575/mo

3 BR

$1,922/mo

4 BR

$2,363/mo

Your salary is $0 above the median income in Mustang Ridge.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Mustang Ridge

Mustang Ridge, Texas stands out as one of the more financially accessible housing markets in the state. The median household income of $90,605 significantly exceeds the $63,000 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $27,605 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Mustang Ridge, a studio at $1,103/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,922/month remains accessible for dual-income households earning above $76,880.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $94,500 would position you well — though many residents in Mustang Ridge 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 Mustang Ridge, Texas.

With a total population of 1,475, the city supports an active civilian workforce of 753 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $63,000 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

753

Active civilian employees in Mustang Ridge

Frequently Asked Questions About Renting in Mustang Ridge

What salary do I need to live in Mustang Ridge, Texas?

To afford a 2-bedroom in Mustang Ridge under the 30% rule, you need an annual salary of at least $63,000. The median household income in Mustang Ridge is $90,605.

Can I afford a 2-bedroom in Mustang Ridge on $90,605?

The affordability verdict for Mustang Ridge is "Affordable". The rent-to-income ratio is 20.9%, meaning median earners have a $27,605 surplus.

What is the average rent in Mustang Ridge compared to median income?

The median gross rent in Mustang Ridge is $1,307/month. With a median household income of $90,605, residents spend approximately 20.9% of their income on rent.

What salary do I need for a studio in Mustang Ridge?

A studio in Mustang Ridge rents for approximately $1,103/month. Under the 30% rule, you need an annual salary of $44,120 to afford this.

Is Mustang Ridge considered an affordable place to live?

Based on the surplus of $27,605 and an affordability verdict of "Affordable", Mustang Ridge is considered a affordable rental market when comparing the required 2-bedroom salary of $63,000 to the local median household income.

How Mustang Ridge Compares

Other cities in Texas with salary requirements