Affordable

What Salary Do You Need to Live in Pembroke?

To afford a 2-bedroom in Pembroke, you need to earn at least $39,760/year based on estimated fair market rent data. The median household income here is $56,667, which means the typical resident is $16,907 above the threshold.

Census ACS Data Pop. 1,005

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$696	$2,320	$27,840	$-28,827
1 Bedroom	$825	$2,750	$33,000	$-23,667
2 Bedroom BENCHMARK	$994	$3,313	$39,760	$-16,907
3 Bedroom	$1,213	$4,043	$48,520	$-8,147
4 Bedroom	$1,491	$4,970	$59,640	+$2,973

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$56,667

Annual household

2BR Required Salary

$39,760

Under 30% rule

Income Gap

+$16,907

Surplus

Verdict

Affordable

Ratio: 21.0%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Pembroke's median household income

Max monthly rent you can afford$1,417

Studio

$696/mo

1 BR

$825/mo

2 BR

$994/mo

3 BR

$1,213/mo

4 BR

$1,491/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Pembroke

Living in Pembroke is well within reach for most median-income earners. With a $16,907 cushion between what residents earn and what a 2-bedroom requires, households in Pembroke typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Pembroke, a studio at $696/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,213/month remains accessible for dual-income households earning above $48,520.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $59,640 would position you well — though many residents in Pembroke 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 Pembroke, Virginia.

With a total population of 1,005, the city supports an active civilian workforce of 556 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $39,760 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

556

Active civilian employees in Pembroke

Frequently Asked Questions About Renting in Pembroke

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

To afford a 2-bedroom in Pembroke under the 30% rule, you need an annual salary of at least $39,760. The median household income in Pembroke is $56,667.

Can I afford a 2-bedroom in Pembroke on $56,667?

The affordability verdict for Pembroke is "Affordable". The rent-to-income ratio is 21.0%, meaning median earners have a $16,907 surplus.

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

The median gross rent in Pembroke is $825/month. With a median household income of $56,667, residents spend approximately 21.0% of their income on rent.

What salary do I need for a studio in Pembroke?

A studio in Pembroke rents for approximately $696/month. Under the 30% rule, you need an annual salary of $27,840 to afford this.

Is Pembroke considered an affordable place to live?

Based on the surplus of $16,907 and an affordability verdict of "Affordable", Pembroke is considered a affordable rental market when comparing the required 2-bedroom salary of $39,760 to the local median household income.

How Pembroke Compares

Other cities in Virginia with salary requirements