Can A Financial Analyst Afford Rent in Elm Grove, WI?

Rent-burdened — rent takes 40.1% of gross income.

Elm Grove rent: April 2026. Salary: BLS OEWS May 2024 (Wisconsin state estimate).

Elm Grove median rent
$3,281/mo
Financial Analyst salary (Wisconsin)
$98,173/yr
Rent as % of income
40.1%
Gross monthly income works out to about $8,181, and the 30% rule supports up to $2,454/mo in rent. Elm Grove's median rent of $3,281 exceeds that threshold by $827/mo, putting a financial analyst salary into the rent-burdened range here. A financial analyst works roughly 69.5 hours a month to cover that rent.

About rent and a financial analyst salary

Financial analyst pay covers comfortable rent in most US cities. At the national-average financial-analyst salary, the 30% rule supports about $2,584 a month in rent, which is above the median in nearly every metro tracked here.

Cheaper rent nearby

These Wisconsin cities have lower median rent than Elm Grove, which improves the affordability math on a financial analyst salary:

Whitefish Bay, WI
$2,819/mo (34.5% of income)
Whitefish Bay, WI
$2,562/mo (31.3% of income)
Whitefish Bay, WI
$2,513/mo (30.7% of income)

Compare with full rent data for Elm Grove

View full rent data for Elm Grove, WI

Frequently asked questions

Can a financial analyst afford rent in Elm Grove, WI?

Median rent in Elm Grove is $3,281 a month. A typical financial analyst in Wisconsin earns about $98,173 a year, which makes that rent 40.1% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a financial analyst afford in Elm Grove?

Using the 30% rule, a financial analyst salary in Wisconsin (~$98,173/yr) supports up to $2,454 a month in rent. Elm Grove's current median rent is $3,281/mo, which is $827/mo over the affordability threshold.

How many hours does a financial analyst work to cover rent in Elm Grove?

At an hourly equivalent of about $47 an hour, a financial analyst in Wisconsin works roughly 69.5 hours a month to cover Elm Grove's median rent of $3,281.

Where is rent cheaper than Elm Grove for a financial analyst?

Nearby Wisconsin cities with lower median rent include Whitefish Bay ($2,819/mo), Whitefish Bay ($2,562/mo), Whitefish Bay ($2,513/mo). Each shifts the affordability math materially on a financial analyst salary.

Methodology: Salary uses the BLS-derived Wisconsin state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Elm Grove, WI. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.