Stretched

What Salary Do You Need to Live in Minong?

To afford a 2-bedroom in Minong, you need to earn at least $37,960/year based on estimated fair market rent data. The median household income here is $29,545, which means the typical resident is $8,415 below the threshold.

Census ACS Data Pop. 611

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$664	$2,213	$26,560	$-2,985
1 Bedroom	$788	$2,627	$31,520	+$1,975
2 Bedroom BENCHMARK	$949	$3,163	$37,960	+$8,415
3 Bedroom	$1,158	$3,860	$46,320	+$16,775
4 Bedroom	$1,424	$4,747	$56,960	+$27,415

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$29,545

Annual household

2BR Required Salary

$37,960

Under 30% rule

Income Gap

-$8,415

Deficit

Verdict

Stretched

Ratio: 38.5%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Minong's median household income

Max monthly rent you can afford$739

Studio

$664/mo

1 BR

$788/mo

2 BR

$949/mo

3 BR

$1,158/mo

4 BR

$1,424/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Minong

Minong's rental market puts real pressure on median earners. A 2-bedroom at $949/month requires $37,960/year — about $8,415 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Minong, target the studio or 1-bedroom tier ($664–$788/month) unless your income exceeds $37,960. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $475/month.

The break-even salary for comfortable living in Minong is approximately $56,940. Below this threshold, expect housing to consume a disproportionate share of your budget, limiting discretionary spending and savings capacity.

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 Minong, Wisconsin.

With a total population of 611, the city supports an active civilian workforce of 223 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $37,960 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

223

Active civilian employees in Minong

Frequently Asked Questions About Renting in Minong

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

To afford a 2-bedroom in Minong under the 30% rule, you need an annual salary of at least $37,960. The median household income in Minong is $29,545.

Can I afford a 2-bedroom in Minong on $29,545?

The affordability verdict for Minong is "Stretched". The rent-to-income ratio is 38.5%, meaning there's a $8,415 income gap.

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

The median gross rent in Minong is $788/month. With a median household income of $29,545, residents spend approximately 38.5% of their income on rent.

What salary do I need for a studio in Minong?

A studio in Minong rents for approximately $664/month. Under the 30% rule, you need an annual salary of $26,560 to afford this.

Is Minong considered an affordable place to live?

Based on the deficit of $8,415 and an affordability verdict of "Stretched", Minong is considered a stretched rental market when comparing the required 2-bedroom salary of $37,960 to the local median household income.

How Minong Compares

Other cities in Wisconsin with salary requirements