Manageable

What Salary Do You Need to Live in Waxahachie?

To afford a 2-bedroom in Waxahachie, you need to earn at least $66,840/year based on estimated fair market rent data. The median household income here is $80,044, which means the typical resident is $13,204 above the threshold.

Census ACS Data Pop. 41,801

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,170	$3,900	$46,800	$-33,244
1 Bedroom	$1,387	$4,623	$55,480	$-24,564
2 Bedroom BENCHMARK	$1,671	$5,570	$66,840	$-13,204
3 Bedroom	$2,039	$6,797	$81,560	+$1,516
4 Bedroom	$2,507	$8,357	$100,280	+$20,236

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$80,044

Annual household

2BR Required Salary

$66,840

Under 30% rule

Income Gap

+$13,204

Surplus

Verdict

Manageable

Ratio: 25.1%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Waxahachie's median household income

Max monthly rent you can afford$2,001

Studio

$1,170/mo

1 BR

$1,387/mo

2 BR

$1,671/mo

3 BR

$2,039/mo

4 BR

$2,507/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Waxahachie

Renting in Waxahachie, Texas is doable for median earners, but tight. A 2-bedroom requires roughly $66,840/year under the 30% rule, and with a median income of $80,044, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($1,387/month) or studio ($1,170/month) materially improves the math. For those needing more space, a 3-bedroom in Waxahachie pushes the required income to $81,560.

For comfortable living in Waxahachie without financial stress, target a household income of at least $100,260 — 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 Waxahachie, Texas.

With a total population of 41,801, the city supports an active civilian workforce of 21,237 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $66,840 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

21,237

Active civilian employees in Waxahachie

Frequently Asked Questions About Renting in Waxahachie

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

To afford a 2-bedroom in Waxahachie under the 30% rule, you need an annual salary of at least $66,840. The median household income in Waxahachie is $80,044.

Can I afford a 2-bedroom in Waxahachie on $80,044?

The affordability verdict for Waxahachie is "Manageable". The rent-to-income ratio is 25.1%, meaning median earners have a $13,204 surplus.

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

The median gross rent in Waxahachie is $1,387/month. With a median household income of $80,044, residents spend approximately 25.1% of their income on rent.

What salary do I need for a studio in Waxahachie?

A studio in Waxahachie rents for approximately $1,170/month. Under the 30% rule, you need an annual salary of $46,800 to afford this.

Is Waxahachie considered an affordable place to live?

Based on the surplus of $13,204 and an affordability verdict of "Manageable", Waxahachie is considered a manageable rental market when comparing the required 2-bedroom salary of $66,840 to the local median household income.

How Waxahachie Compares

Other cities in Texas with salary requirements