Affordable

What Salary Do You Need to Live in Fair Haven?

To afford a 2-bedroom in Fair Haven, you need to earn at least $39,440/year based on estimated fair market rent data. The median household income here is $67,300, which means the typical resident is $27,860 above the threshold.

Census ACS Data Pop. 2,422

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$690	$2,300	$27,600	$-39,700
1 Bedroom	$818	$2,727	$32,720	$-34,580
2 Bedroom BENCHMARK	$986	$3,287	$39,440	$-27,860
3 Bedroom	$1,203	$4,010	$48,120	$-19,180
4 Bedroom	$1,479	$4,930	$59,160	$-8,140

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$67,300

Annual household

2BR Required Salary

$39,440

Under 30% rule

Income Gap

+$27,860

Surplus

Verdict

Affordable

Ratio: 17.6%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Fair Haven

Your Annual Salary

Pre-filled with Fair Haven's median household income

Max monthly rent you can afford$1,683

Studio

$690/mo

1 BR

$818/mo

2 BR

$986/mo

3 BR

$1,203/mo

4 BR

$1,479/mo

Your salary is $0 above the median income in Fair Haven.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Fair Haven

Fair Haven, Vermont stands out as one of the more financially accessible housing markets in the state. The median household income of $67,300 significantly exceeds the $39,440 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $27,860 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Fair Haven, a studio at $690/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,203/month remains accessible for dual-income households earning above $48,120.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $59,160 would position you well — though many residents in Fair Haven 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 Fair Haven, Vermont.

With a total population of 2,422, the city supports an active civilian workforce of 1,216 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $39,440 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

1,216

Active civilian employees in Fair Haven

Frequently Asked Questions About Renting in Fair Haven

What salary do I need to live in Fair Haven, Vermont?

To afford a 2-bedroom in Fair Haven under the 30% rule, you need an annual salary of at least $39,440. The median household income in Fair Haven is $67,300.

Can I afford a 2-bedroom in Fair Haven on $67,300?

The affordability verdict for Fair Haven is "Affordable". The rent-to-income ratio is 17.6%, meaning median earners have a $27,860 surplus.

What is the average rent in Fair Haven compared to median income?

The median gross rent in Fair Haven is $818/month. With a median household income of $67,300, residents spend approximately 17.6% of their income on rent.

What salary do I need for a studio in Fair Haven?

A studio in Fair Haven rents for approximately $690/month. Under the 30% rule, you need an annual salary of $27,600 to afford this.

Is Fair Haven considered an affordable place to live?

Based on the surplus of $27,860 and an affordability verdict of "Affordable", Fair Haven is considered a affordable rental market when comparing the required 2-bedroom salary of $39,440 to the local median household income.

How Fair Haven Compares

Other cities in Vermont with salary requirements