Affordable

What Salary Do You Need to Live in Hales Corners?

To afford a 2-bedroom in Hales Corners, you need to earn at least $62,400/year based on estimated fair market rent data. The median household income here is $84,911, which means the typical resident is $22,511 above the threshold.

Census ACS Data Pop. 7,677

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,092	$3,640	$43,680	$-41,231
1 Bedroom	$1,295	$4,317	$51,800	$-33,111
2 Bedroom BENCHMARK	$1,560	$5,200	$62,400	$-22,511
3 Bedroom	$1,903	$6,343	$76,120	$-8,791
4 Bedroom	$2,340	$7,800	$93,600	+$8,689

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$84,911

Annual household

2BR Required Salary

$62,400

Under 30% rule

Income Gap

+$22,511

Surplus

Verdict

Affordable

Ratio: 22.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Hales Corners

Your Annual Salary

Pre-filled with Hales Corners's median household income

Max monthly rent you can afford$2,123

Studio

$1,092/mo

1 BR

$1,295/mo

2 BR

$1,560/mo

3 BR

$1,903/mo

4 BR

$2,340/mo

Your salary is $0 above the median income in Hales Corners.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Hales Corners

Hales Corners, Wisconsin stands out as one of the more financially accessible housing markets in the state. The median household income of $84,911 significantly exceeds the $62,400 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $22,511 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Hales Corners, a studio at $1,092/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,903/month remains accessible for dual-income households earning above $76,120.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $93,600 would position you well — though many residents in Hales Corners 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 Hales Corners, Wisconsin.

With a total population of 7,677, the city supports an active civilian workforce of 4,123 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $62,400 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

4,123

Active civilian employees in Hales Corners

Frequently Asked Questions About Renting in Hales Corners

What salary do I need to live in Hales Corners, Wisconsin?

To afford a 2-bedroom in Hales Corners under the 30% rule, you need an annual salary of at least $62,400. The median household income in Hales Corners is $84,911.

Can I afford a 2-bedroom in Hales Corners on $84,911?

The affordability verdict for Hales Corners is "Affordable". The rent-to-income ratio is 22.0%, meaning median earners have a $22,511 surplus.

What is the average rent in Hales Corners compared to median income?

The median gross rent in Hales Corners is $1,295/month. With a median household income of $84,911, residents spend approximately 22.0% of their income on rent.

What salary do I need for a studio in Hales Corners?

A studio in Hales Corners rents for approximately $1,092/month. Under the 30% rule, you need an annual salary of $43,680 to afford this.

Is Hales Corners considered an affordable place to live?

Based on the surplus of $22,511 and an affordability verdict of "Affordable", Hales Corners is considered a affordable rental market when comparing the required 2-bedroom salary of $62,400 to the local median household income.

How Hales Corners Compares

Other cities in Wisconsin with salary requirements