Affordable

What Salary Do You Need to Live in Bainbridge Island?

To afford a 2-bedroom in Bainbridge Island, you need to earn at least $94,680/year based on estimated fair market rent data. The median household income here is $151,290, which means the typical resident is $56,610 above the threshold.

Census ACS Data Pop. 24,681

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,657	$5,523	$66,280	$-85,010
1 Bedroom	$1,965	$6,550	$78,600	$-72,690
2 Bedroom BENCHMARK	$2,367	$7,890	$94,680	$-56,610
3 Bedroom	$2,888	$9,627	$115,520	$-35,770
4 Bedroom	$3,551	$11,837	$142,040	$-9,250

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$151,290

Annual household

2BR Required Salary

$94,680

Under 30% rule

Income Gap

+$56,610

Surplus

Verdict

Affordable

Ratio: 18.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Bainbridge Island

Your Annual Salary

Pre-filled with Bainbridge Island's median household income

Max monthly rent you can afford$3,782

Studio

$1,657/mo

1 BR

$1,965/mo

2 BR

$2,367/mo

3 BR

$2,888/mo

4 BR

$3,551/mo

Your salary is $0 above the median income in Bainbridge Island.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Bainbridge Island

Bainbridge Island, Washington stands out as one of the more financially accessible housing markets in the state. The median household income of $151,290 significantly exceeds the $94,680 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $56,610 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Bainbridge Island, a studio at $1,657/month offers an even more aggressive savings rate. Even a 3-bedroom at $2,888/month remains accessible for dual-income households earning above $115,520.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $142,020 would position you well — though many residents in Bainbridge Island 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 Bainbridge Island, Washington.

With a total population of 24,681, the city supports an active civilian workforce of 11,364 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $94,680 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

11,364

Active civilian employees in Bainbridge Island

Frequently Asked Questions About Renting in Bainbridge Island

What salary do I need to live in Bainbridge Island, Washington?

To afford a 2-bedroom in Bainbridge Island under the 30% rule, you need an annual salary of at least $94,680. The median household income in Bainbridge Island is $151,290.

Can I afford a 2-bedroom in Bainbridge Island on $151,290?

The affordability verdict for Bainbridge Island is "Affordable". The rent-to-income ratio is 18.8%, meaning median earners have a $56,610 surplus.

What is the average rent in Bainbridge Island compared to median income?

The median gross rent in Bainbridge Island is $1,965/month. With a median household income of $151,290, residents spend approximately 18.8% of their income on rent.

What salary do I need for a studio in Bainbridge Island?

A studio in Bainbridge Island rents for approximately $1,657/month. Under the 30% rule, you need an annual salary of $66,280 to afford this.

Is Bainbridge Island considered an affordable place to live?

Based on the surplus of $56,610 and an affordability verdict of "Affordable", Bainbridge Island is considered a affordable rental market when comparing the required 2-bedroom salary of $94,680 to the local median household income.

How Bainbridge Island Compares

Other cities in Washington with salary requirements