Affordable

What Salary Do You Need to Live in Crandon?

To afford a 2-bedroom in Crandon, you need to earn at least $28,160/year based on estimated fair market rent data. The median household income here is $47,083, which means the typical resident is $18,923 above the threshold.

Census ACS Data Pop. 1,519

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$493	$1,643	$19,720	$-27,363
1 Bedroom	$584	$1,947	$23,360	$-23,723
2 Bedroom BENCHMARK	$704	$2,347	$28,160	$-18,923
3 Bedroom	$859	$2,863	$34,360	$-12,723
4 Bedroom	$1,056	$3,520	$42,240	$-4,843

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$47,083

Annual household

2BR Required Salary

$28,160

Under 30% rule

Income Gap

+$18,923

Surplus

Verdict

Affordable

Ratio: 17.9%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Crandon's median household income

Max monthly rent you can afford$1,177

Studio

$493/mo

1 BR

$584/mo

2 BR

$704/mo

3 BR

$859/mo

4 BR

$1,056/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Crandon

Living in Crandon is well within reach for most median-income earners. With a $18,923 cushion between what residents earn and what a 2-bedroom requires, households in Crandon typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Crandon, a studio at $493/month offers an even more aggressive savings rate. Even a 3-bedroom at $859/month remains accessible for dual-income households earning above $34,360.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $42,240 would position you well — though many residents in Crandon 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 Crandon, Wisconsin.

With a total population of 1,519, the city supports an active civilian workforce of 752 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $28,160 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

752

Active civilian employees in Crandon

Frequently Asked Questions About Renting in Crandon

What salary do I need to live in Crandon, Wisconsin?

To afford a 2-bedroom in Crandon under the 30% rule, you need an annual salary of at least $28,160. The median household income in Crandon is $47,083.

Can I afford a 2-bedroom in Crandon on $47,083?

The affordability verdict for Crandon is "Affordable". The rent-to-income ratio is 17.9%, meaning median earners have a $18,923 surplus.

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

The median gross rent in Crandon is $584/month. With a median household income of $47,083, residents spend approximately 17.9% of their income on rent.

What salary do I need for a studio in Crandon?

A studio in Crandon rents for approximately $493/month. Under the 30% rule, you need an annual salary of $19,720 to afford this.

Is Crandon considered an affordable place to live?

Based on the surplus of $18,923 and an affordability verdict of "Affordable", Crandon is considered a affordable rental market when comparing the required 2-bedroom salary of $28,160 to the local median household income.

How Crandon Compares

Other cities in Wisconsin with salary requirements