Affordable

What Salary Do You Need to Live in Cannonville?

To afford a 2-bedroom in Cannonville, you need to earn at least $30,640/year based on estimated fair market rent data. The median household income here is $50,250, which means the typical resident is $19,610 above the threshold.

Census ACS Data Pop. 265

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$536	$1,787	$21,440	$-28,810
1 Bedroom	$636	$2,120	$25,440	$-24,810
2 Bedroom BENCHMARK	$766	$2,553	$30,640	$-19,610
3 Bedroom	$935	$3,117	$37,400	$-12,850
4 Bedroom	$1,149	$3,830	$45,960	$-4,290

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$50,250

Annual household

2BR Required Salary

$30,640

Under 30% rule

Income Gap

+$19,610

Surplus

Verdict

Affordable

Ratio: 18.3%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Cannonville's median household income

Max monthly rent you can afford$1,256

Studio

$536/mo

1 BR

$636/mo

2 BR

$766/mo

3 BR

$935/mo

4 BR

$1,149/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Cannonville

Living in Cannonville is well within reach for most median-income earners. With a $19,610 cushion between what residents earn and what a 2-bedroom requires, households in Cannonville typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Cannonville, a studio at $536/month offers an even more aggressive savings rate. Even a 3-bedroom at $935/month remains accessible for dual-income households earning above $37,400.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $45,960 would position you well — though many residents in Cannonville 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 Cannonville, Utah.

With a total population of 265, the city supports an active civilian workforce of 139 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $30,640 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

139

Active civilian employees in Cannonville

Frequently Asked Questions About Renting in Cannonville

What salary do I need to live in Cannonville, Utah?

To afford a 2-bedroom in Cannonville under the 30% rule, you need an annual salary of at least $30,640. The median household income in Cannonville is $50,250.

Can I afford a 2-bedroom in Cannonville on $50,250?

The affordability verdict for Cannonville is "Affordable". The rent-to-income ratio is 18.3%, meaning median earners have a $19,610 surplus.

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

The median gross rent in Cannonville is $636/month. With a median household income of $50,250, residents spend approximately 18.3% of their income on rent.

What salary do I need for a studio in Cannonville?

A studio in Cannonville rents for approximately $536/month. Under the 30% rule, you need an annual salary of $21,440 to afford this.

Is Cannonville considered an affordable place to live?

Based on the surplus of $19,610 and an affordability verdict of "Affordable", Cannonville is considered a affordable rental market when comparing the required 2-bedroom salary of $30,640 to the local median household income.

How Cannonville Compares

Other cities in Utah with salary requirements