Affordable

What Salary Do You Need to Live in Raymond?

To afford a 2-bedroom in Raymond, you need to earn at least $57,640/year based on estimated fair market rent data. The median household income here is $99,167, which means the typical resident is $41,527 above the threshold.

Census ACS Data Pop. 3,916

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,009	$3,363	$40,360	$-58,807
1 Bedroom	$1,196	$3,987	$47,840	$-51,327
2 Bedroom BENCHMARK	$1,441	$4,803	$57,640	$-41,527
3 Bedroom	$1,758	$5,860	$70,320	$-28,847
4 Bedroom	$2,162	$7,207	$86,480	$-12,687

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$99,167

Annual household

2BR Required Salary

$57,640

Under 30% rule

Income Gap

+$41,527

Surplus

Verdict

Affordable

Ratio: 17.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Raymond's median household income

Max monthly rent you can afford$2,479

Studio

$1,009/mo

1 BR

$1,196/mo

2 BR

$1,441/mo

3 BR

$1,758/mo

4 BR

$2,162/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Raymond

Raymond, Wisconsin stands out as one of the more financially accessible housing markets in the state. The median household income of $99,167 significantly exceeds the $57,640 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $41,527 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Raymond, a studio at $1,009/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,758/month remains accessible for dual-income households earning above $70,320.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $86,460 would position you well — though many residents in Raymond 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 Raymond, Wisconsin.

With a total population of 3,916, the city supports an active civilian workforce of 2,043 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $57,640 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

2,043

Active civilian employees in Raymond

Frequently Asked Questions About Renting in Raymond

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

To afford a 2-bedroom in Raymond under the 30% rule, you need an annual salary of at least $57,640. The median household income in Raymond is $99,167.

Can I afford a 2-bedroom in Raymond on $99,167?

The affordability verdict for Raymond is "Affordable". The rent-to-income ratio is 17.4%, meaning median earners have a $41,527 surplus.

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

The median gross rent in Raymond is $1,196/month. With a median household income of $99,167, residents spend approximately 17.4% of their income on rent.

What salary do I need for a studio in Raymond?

A studio in Raymond rents for approximately $1,009/month. Under the 30% rule, you need an annual salary of $40,360 to afford this.

Is Raymond considered an affordable place to live?

Based on the surplus of $41,527 and an affordability verdict of "Affordable", Raymond is considered a affordable rental market when comparing the required 2-bedroom salary of $57,640 to the local median household income.

How Raymond Compares

Other cities in Wisconsin with salary requirements