Affordable

What Salary Do You Need to Live in Abingdon?

To afford a 2-bedroom in Abingdon, you need to earn at least $37,440/year based on estimated fair market rent data. The median household income here is $56,164, which means the typical resident is $18,724 above the threshold.

Census ACS Data Pop. 8,346

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$655	$2,183	$26,200	$-29,964
1 Bedroom	$777	$2,590	$31,080	$-25,084
2 Bedroom BENCHMARK	$936	$3,120	$37,440	$-18,724
3 Bedroom	$1,142	$3,807	$45,680	$-10,484
4 Bedroom	$1,404	$4,680	$56,160	$-4

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$56,164

Annual household

2BR Required Salary

$37,440

Under 30% rule

Income Gap

+$18,724

Surplus

Verdict

Affordable

Ratio: 20.0%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Abingdon's median household income

Max monthly rent you can afford$1,404

Studio

$655/mo

1 BR

$777/mo

2 BR

$936/mo

3 BR

$1,142/mo

4 BR

$1,404/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Abingdon

Living in Abingdon is well within reach for most median-income earners. With a $18,724 cushion between what residents earn and what a 2-bedroom requires, households in Abingdon typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Abingdon, a studio at $655/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,142/month remains accessible for dual-income households earning above $45,680.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $56,160 would position you well — though many residents in Abingdon 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 Abingdon, Virginia.

With a total population of 8,346, the city supports an active civilian workforce of 4,133 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $37,440 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

4,133

Active civilian employees in Abingdon

Frequently Asked Questions About Renting in Abingdon

What salary do I need to live in Abingdon, Virginia?

To afford a 2-bedroom in Abingdon under the 30% rule, you need an annual salary of at least $37,440. The median household income in Abingdon is $56,164.

Can I afford a 2-bedroom in Abingdon on $56,164?

The affordability verdict for Abingdon is "Affordable". The rent-to-income ratio is 20.0%, meaning median earners have a $18,724 surplus.

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

The median gross rent in Abingdon is $777/month. With a median household income of $56,164, residents spend approximately 20.0% of their income on rent.

What salary do I need for a studio in Abingdon?

A studio in Abingdon rents for approximately $655/month. Under the 30% rule, you need an annual salary of $26,200 to afford this.

Is Abingdon considered an affordable place to live?

Based on the surplus of $18,724 and an affordability verdict of "Affordable", Abingdon is considered a affordable rental market when comparing the required 2-bedroom salary of $37,440 to the local median household income.

How Abingdon Compares

Other cities in Virginia with salary requirements