Affordable

What Salary Do You Need to Live in Schofield?

To afford a 2-bedroom in Schofield, you need to earn at least $44,240/year based on estimated fair market rent data. The median household income here is $63,279, which means the typical resident is $19,039 above the threshold.

Census ACS Data Pop. 2,256

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$774	$2,580	$30,960	$-32,319
1 Bedroom	$918	$3,060	$36,720	$-26,559
2 Bedroom BENCHMARK	$1,106	$3,687	$44,240	$-19,039
3 Bedroom	$1,349	$4,497	$53,960	$-9,319
4 Bedroom	$1,659	$5,530	$66,360	+$3,081

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$63,279

Annual household

2BR Required Salary

$44,240

Under 30% rule

Income Gap

+$19,039

Surplus

Verdict

Affordable

Ratio: 21.0%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Schofield's median household income

Max monthly rent you can afford$1,582

Studio

$774/mo

1 BR

$918/mo

2 BR

$1,106/mo

3 BR

$1,349/mo

4 BR

$1,659/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Schofield

Living in Schofield is well within reach for most median-income earners. With a $19,039 cushion between what residents earn and what a 2-bedroom requires, households in Schofield typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Schofield, a studio at $774/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,349/month remains accessible for dual-income households earning above $53,960.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $66,360 would position you well — though many residents in Schofield 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 Schofield, Wisconsin.

With a total population of 2,256, the city supports an active civilian workforce of 1,240 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $44,240 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

1,240

Active civilian employees in Schofield

Frequently Asked Questions About Renting in Schofield

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

To afford a 2-bedroom in Schofield under the 30% rule, you need an annual salary of at least $44,240. The median household income in Schofield is $63,279.

Can I afford a 2-bedroom in Schofield on $63,279?

The affordability verdict for Schofield is "Affordable". The rent-to-income ratio is 21.0%, meaning median earners have a $19,039 surplus.

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

The median gross rent in Schofield is $918/month. With a median household income of $63,279, residents spend approximately 21.0% of their income on rent.

What salary do I need for a studio in Schofield?

A studio in Schofield rents for approximately $774/month. Under the 30% rule, you need an annual salary of $30,960 to afford this.

Is Schofield considered an affordable place to live?

Based on the surplus of $19,039 and an affordability verdict of "Affordable", Schofield is considered a affordable rental market when comparing the required 2-bedroom salary of $44,240 to the local median household income.

How Schofield Compares

Other cities in Wisconsin with salary requirements