Stretched

What Salary Do You Need to Live in Encampment?

To afford a 2-bedroom in Encampment, you need to earn at least $57,240/year based on estimated fair market rent data. The median household income here is $48,641, which means the typical resident is $8,599 below the threshold.

Census ACS Data Pop. 386

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,002	$3,340	$40,080	$-8,561
1 Bedroom	$1,188	$3,960	$47,520	$-1,121
2 Bedroom BENCHMARK	$1,431	$4,770	$57,240	+$8,599
3 Bedroom	$1,746	$5,820	$69,840	+$21,199
4 Bedroom	$2,147	$7,157	$85,880	+$37,239

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$48,641

Annual household

2BR Required Salary

$57,240

Under 30% rule

Income Gap

-$8,599

Deficit

Verdict

Stretched

Ratio: 35.3%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Encampment's median household income

Max monthly rent you can afford$1,216

Studio

$1,002/mo

1 BR

$1,188/mo

2 BR

$1,431/mo

3 BR

$1,746/mo

4 BR

$2,147/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Encampment

Encampment's rental market puts real pressure on median earners. A 2-bedroom at $1,431/month requires $57,240/year — about $8,599 more than the median household income. Roommates or dual incomes significantly change the equation.

If you're relocating to Encampment, target the studio or 1-bedroom tier ($1,002–$1,188/month) unless your income exceeds $57,240. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $716/month.

The break-even salary for comfortable living in Encampment is approximately $85,860. 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 Encampment, Wyoming.

With a total population of 386, the city supports an active civilian workforce of 175 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $57,240 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

175

Active civilian employees in Encampment

Frequently Asked Questions About Renting in Encampment

What salary do I need to live in Encampment, Wyoming?

To afford a 2-bedroom in Encampment under the 30% rule, you need an annual salary of at least $57,240. The median household income in Encampment is $48,641.

Can I afford a 2-bedroom in Encampment on $48,641?

The affordability verdict for Encampment is "Stretched". The rent-to-income ratio is 35.3%, meaning there's a $8,599 income gap.

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

The median gross rent in Encampment is $1,188/month. With a median household income of $48,641, residents spend approximately 35.3% of their income on rent.

What salary do I need for a studio in Encampment?

A studio in Encampment rents for approximately $1,002/month. Under the 30% rule, you need an annual salary of $40,080 to afford this.

Is Encampment considered an affordable place to live?

Based on the deficit of $8,599 and an affordability verdict of "Stretched", Encampment is considered a stretched rental market when comparing the required 2-bedroom salary of $57,240 to the local median household income.

How Encampment Compares

Other cities in Wyoming with salary requirements