Manageable

What Salary Do You Need to Live in Romney?

To afford a 2-bedroom in Romney, you need to earn at least $28,640/year based on estimated fair market rent data. The median household income here is $34,063, which means the typical resident is $5,423 above the threshold.

Census ACS Data Pop. 2,062

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$501	$1,670	$20,040	$-14,023
1 Bedroom	$594	$1,980	$23,760	$-10,303
2 Bedroom BENCHMARK	$716	$2,387	$28,640	$-5,423
3 Bedroom	$874	$2,913	$34,960	+$897
4 Bedroom	$1,074	$3,580	$42,960	+$8,897

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$34,063

Annual household

2BR Required Salary

$28,640

Under 30% rule

Income Gap

+$5,423

Surplus

Verdict

Manageable

Ratio: 25.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Romney's median household income

Max monthly rent you can afford$852

Studio

$501/mo

1 BR

$594/mo

2 BR

$716/mo

3 BR

$874/mo

4 BR

$1,074/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Romney

Renting in Romney, West Virginia is doable for median earners, but tight. A 2-bedroom requires roughly $28,640/year under the 30% rule, and with a median income of $34,063, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($594/month) or studio ($501/month) materially improves the math. For those needing more space, a 3-bedroom in Romney pushes the required income to $34,960.

For comfortable living in Romney without financial stress, target a household income of at least $42,960 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for West Virginia's cost of living.

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 Romney, West Virginia.

With a total population of 2,062, the city supports an active civilian workforce of 531 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $28,640 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

531

Active civilian employees in Romney

Frequently Asked Questions About Renting in Romney

What salary do I need to live in Romney, West Virginia?

To afford a 2-bedroom in Romney under the 30% rule, you need an annual salary of at least $28,640. The median household income in Romney is $34,063.

Can I afford a 2-bedroom in Romney on $34,063?

The affordability verdict for Romney is "Manageable". The rent-to-income ratio is 25.2%, meaning median earners have a $5,423 surplus.

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

The median gross rent in Romney is $594/month. With a median household income of $34,063, residents spend approximately 25.2% of their income on rent.

What salary do I need for a studio in Romney?

A studio in Romney rents for approximately $501/month. Under the 30% rule, you need an annual salary of $20,040 to afford this.

Is Romney considered an affordable place to live?

Based on the surplus of $5,423 and an affordability verdict of "Manageable", Romney is considered a manageable rental market when comparing the required 2-bedroom salary of $28,640 to the local median household income.

How Romney Compares

Other cities in West Virginia with salary requirements