What Salary Do You Need to Live in Ranchettes?
To afford a 2-bedroom in Ranchettes, you need to earn at least $26,280/year based on estimated fair market rent data. The median household income here is $119,809, which means the typical resident is $93,529 above the threshold.
Salary Required by Bedroom Size
| Bedroom | Monthly Rent | Monthly Income | Annual Salary | vs. Median |
|---|---|---|---|---|
| Studio | $460 | $1,533 | $18,400 | $-101,409 |
| 1 Bedroom | $545 | $1,817 | $21,800 | $-98,009 |
| 2 Bedroom BENCHMARK | $657 | $2,190 | $26,280 | $-93,529 |
| 3 Bedroom | $802 | $2,673 | $32,080 | $-87,729 |
| 4 Bedroom | $986 | $3,287 | $39,440 | $-80,369 |
Affordability Breakdown
Where the required salary line crosses above Ranchettes's median income — housing becomes unaffordable for the typical resident.
Income vs. Rent Snapshot
Median Income
$119,809
Annual household
2BR Required Salary
$26,280
Under 30% rule
Income Gap
+$93,529
Surplus
Verdict
Affordable
Ratio: 6.6%
The 30% Rule Calculator
Enter your annual salary to see what you can afford in Ranchettes
Pre-filled with Ranchettes's median household income
Studio
$460/mo
1 BR
$545/mo
2 BR
$657/mo
3 BR
$802/mo
4 BR
$986/mo
Salary Comparison by Bedroom
Bars left of the marker line are affordable for Ranchettes's median earner. Bars to the right require above-median income.
What This Means If You're Moving to Ranchettes
Ranchettes, Wyoming stands out as one of the more financially accessible housing markets in the state. The median household income of $119,809 significantly exceeds the $26,280 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $93,529 annual surplus for savings, debt repayment, or lifestyle spending.
For remote workers or relocators evaluating Ranchettes, a studio at $460/month offers an even more aggressive savings rate. Even a 3-bedroom at $802/month remains accessible for dual-income households earning above $32,080.
To live comfortably with room for non-housing expenses, a break-even salary of approximately $39,420 would position you well — though many residents in Ranchettes manage on less given the favorable rent-to-income dynamics.
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 Ranchettes, Wyoming.
With a total population of 5,731, the city supports an active civilian workforce of 2,546 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $26,280 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
2,546
Active civilian employees in Ranchettes
Frequently Asked Questions About Renting in Ranchettes
What salary do I need to live in Ranchettes, Wyoming?
Can I afford a 2-bedroom in Ranchettes on $119,809?
What is the average rent in Ranchettes compared to median income?
What salary do I need for a studio in Ranchettes?
Is Ranchettes considered an affordable place to live?
How Ranchettes Compares
Other cities in Wyoming with salary requirements