Manageable

What Salary Do You Need to Live in Gilmanton?

To afford a 2-bedroom in Gilmanton, you need to earn at least $43,360/year based on estimated fair market rent data. The median household income here is $49,583, which means the typical resident is $6,223 above the threshold.

Census ACS Data Pop. 142

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$759	$2,530	$30,360	$-19,223
1 Bedroom	$900	$3,000	$36,000	$-13,583
2 Bedroom BENCHMARK	$1,084	$3,613	$43,360	$-6,223
3 Bedroom	$1,322	$4,407	$52,880	+$3,297
4 Bedroom	$1,626	$5,420	$65,040	+$15,457

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$49,583

Annual household

2BR Required Salary

$43,360

Under 30% rule

Income Gap

+$6,223

Surplus

Verdict

Manageable

Ratio: 26.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Gilmanton's median household income

Max monthly rent you can afford$1,240

Studio

$759/mo

1 BR

$900/mo

2 BR

$1,084/mo

3 BR

$1,322/mo

4 BR

$1,626/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Gilmanton

Renting in Gilmanton, Wisconsin is doable for median earners, but tight. A 2-bedroom requires roughly $43,360/year under the 30% rule, and with a median income of $49,583, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($900/month) or studio ($759/month) materially improves the math. For those needing more space, a 3-bedroom in Gilmanton pushes the required income to $52,880.

For comfortable living in Gilmanton without financial stress, target a household income of at least $65,040 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Wisconsin'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 Gilmanton, Wisconsin.

With a total population of 142, the city supports an active civilian workforce of 75 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $43,360 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

Active civilian employees in Gilmanton

Frequently Asked Questions About Renting in Gilmanton

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

To afford a 2-bedroom in Gilmanton under the 30% rule, you need an annual salary of at least $43,360. The median household income in Gilmanton is $49,583.

Can I afford a 2-bedroom in Gilmanton on $49,583?

The affordability verdict for Gilmanton is "Manageable". The rent-to-income ratio is 26.2%, meaning median earners have a $6,223 surplus.

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

The median gross rent in Gilmanton is $900/month. With a median household income of $49,583, residents spend approximately 26.2% of their income on rent.

What salary do I need for a studio in Gilmanton?

A studio in Gilmanton rents for approximately $759/month. Under the 30% rule, you need an annual salary of $30,360 to afford this.

Is Gilmanton considered an affordable place to live?

Based on the surplus of $6,223 and an affordability verdict of "Manageable", Gilmanton is considered a manageable rental market when comparing the required 2-bedroom salary of $43,360 to the local median household income.

How Gilmanton Compares

Other cities in Wisconsin with salary requirements