Affordable

What Salary Do You Need to Live in Jim Falls?

To afford a 2-bedroom in Jim Falls, you need to earn at least $45,920/year based on estimated fair market rent data. The median household income here is $87,143, which means the typical resident is $41,223 above the threshold.

Census ACS Data Pop. 219

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$804	$2,680	$32,160	$-54,983
1 Bedroom	$953	$3,177	$38,120	$-49,023
2 Bedroom BENCHMARK	$1,148	$3,827	$45,920	$-41,223
3 Bedroom	$1,401	$4,670	$56,040	$-31,103
4 Bedroom	$1,722	$5,740	$68,880	$-18,263

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$87,143

Annual household

2BR Required Salary

$45,920

Under 30% rule

Income Gap

+$41,223

Surplus

Verdict

Affordable

Ratio: 15.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Jim Falls

Your Annual Salary

Pre-filled with Jim Falls's median household income

Max monthly rent you can afford$2,179

Studio

$804/mo

1 BR

$953/mo

2 BR

$1,148/mo

3 BR

$1,401/mo

4 BR

$1,722/mo

Your salary is $0 above the median income in Jim Falls.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Jim Falls

Jim Falls, Wisconsin stands out as one of the more financially accessible housing markets in the state. The median household income of $87,143 significantly exceeds the $45,920 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $41,223 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Jim Falls, a studio at $804/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,401/month remains accessible for dual-income households earning above $56,040.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $68,880 would position you well — though many residents in Jim Falls 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 Jim Falls, Wisconsin.

With a total population of 219, the city supports an active civilian workforce of 131 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $45,920 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

131

Active civilian employees in Jim Falls

Frequently Asked Questions About Renting in Jim Falls

What salary do I need to live in Jim Falls, Wisconsin?

To afford a 2-bedroom in Jim Falls under the 30% rule, you need an annual salary of at least $45,920. The median household income in Jim Falls is $87,143.

Can I afford a 2-bedroom in Jim Falls on $87,143?

The affordability verdict for Jim Falls is "Affordable". The rent-to-income ratio is 15.8%, meaning median earners have a $41,223 surplus.

What is the average rent in Jim Falls compared to median income?

The median gross rent in Jim Falls is $953/month. With a median household income of $87,143, residents spend approximately 15.8% of their income on rent.

What salary do I need for a studio in Jim Falls?

A studio in Jim Falls rents for approximately $804/month. Under the 30% rule, you need an annual salary of $32,160 to afford this.

Is Jim Falls considered an affordable place to live?

Based on the surplus of $41,223 and an affordability verdict of "Affordable", Jim Falls is considered a affordable rental market when comparing the required 2-bedroom salary of $45,920 to the local median household income.

How Jim Falls Compares

Other cities in Wisconsin with salary requirements