Unaffordable

What Salary Do You Need to Live in Silverton?

To afford a 2-bedroom in Silverton, you need to earn at least $52,200/year based on estimated fair market rent data. The median household income here is $34,850, which means the typical resident is $17,350 below the threshold.

Census ACS Data Pop. 649

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$913	$3,043	$36,520	+$1,670
1 Bedroom	$1,083	$3,610	$43,320	+$8,470
2 Bedroom BENCHMARK	$1,305	$4,350	$52,200	+$17,350
3 Bedroom	$1,592	$5,307	$63,680	+$28,830
4 Bedroom	$1,958	$6,527	$78,320	+$43,470

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$34,850

Annual household

2BR Required Salary

$52,200

Under 30% rule

Income Gap

-$17,350

Deficit

Verdict

Unaffordable

Ratio: 44.9%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Silverton's median household income

Max monthly rent you can afford$871

Studio

$913/mo

1 BR

$1,083/mo

2 BR

$1,305/mo

3 BR

$1,592/mo

4 BR

$1,958/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Silverton

Renting in Silverton is unaffordable for most median earners. The $17,350 income gap means a 2-bedroom at $1,305/month requires significant above-median earnings or a dual-income household to be sustainable.

For those committed to Silverton, the realistic options are: (1) target a studio at $913/month, which requires $36,520/year — closer to the median; (2) find a roommate for a 2-bedroom, cutting individual costs to ~$653/month; or (3) negotiate remote work and live in a more affordable Texas city.

To live comfortably in Silverton without financial strain, you realistically need a household income of $78,300 or higher. This isn't just about rent — it accounts for Texas's overall cost of living including transportation, food, and healthcare.

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 Silverton, Texas.

With a total population of 649, the city supports an active civilian workforce of 257 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $52,200 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

257

Active civilian employees in Silverton

Frequently Asked Questions About Renting in Silverton

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

To afford a 2-bedroom in Silverton under the 30% rule, you need an annual salary of at least $52,200. The median household income in Silverton is $34,850.

Can I afford a 2-bedroom in Silverton on $34,850?

The affordability verdict for Silverton is "Unaffordable". The rent-to-income ratio is 44.9%, meaning there's a $17,350 income gap.

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

The median gross rent in Silverton is $1,083/month. With a median household income of $34,850, residents spend approximately 44.9% of their income on rent.

What salary do I need for a studio in Silverton?

A studio in Silverton rents for approximately $913/month. Under the 30% rule, you need an annual salary of $36,520 to afford this.

Is Silverton considered an affordable place to live?

Based on the deficit of $17,350 and an affordability verdict of "Unaffordable", Silverton is considered a unaffordable rental market when comparing the required 2-bedroom salary of $52,200 to the local median household income.

How Silverton Compares

Other cities in Texas with salary requirements