Key Economic Benchmarks
Median Household Income
$65,289$5,441 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Adams County, IN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Adams County, IN
Official FY2026 HUD Fair Market Rents for Adams County, IN. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $695 | $8,340 | $27,800 | 12.8% |
| 1-Bedroom Apartment | $872 | $10,464 | $34,880 | 16% |
| 2-Bedroom ApartmentBenchmark | $956 | $11,472 | $38,240 | 17.6% |
| 3-Bedroom Home | $1,227 | $14,724 | $49,080 | 22.6% |
| 4-Bedroom Home | $1,266 | $15,192 | $50,640 | 23.3% |
50/30/20 Living Budget in Adams County, IN
Based on the local median household income of $65,289/year ($5,441/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Indiana
Explore net income after federal income tax, FICA, and Indiana state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Indiana with official federal datasets:
Frequently Asked Questions About Living in Adams County, IN
What is the median household income in Adams County, IN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Adams County, IN is $65,289 per year (approximately $5,441 per month).
What is the average rent in Adams County, IN?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Adams County, IN are $695 for a studio, $872 for 1 bedroom, $956 for 2 bedrooms, $1,227 for 3 bedrooms, and $1,266 for 4 bedrooms.
How does the cost of living in Adams County, IN compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Adams County, IN is 93.3 (6.7% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Adams County, IN?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($956/month) in Adams County, IN requires a minimum gross household income of $38,240 per year ($3,187 per month).
What is a balanced 50/30/20 monthly budget in Adams County, IN?
For a typical household earning the median income of $65,289/year ($5,441/month) in Adams County, IN, a balanced 50/30/20 budget allocates $2,720/month to essential needs (rent, utilities, groceries), $1,632/month to discretionary spending, and $1,088/month to savings and debt repayment.
What are typical electricity and utility costs in Adams County, IN?
Residential electricity rates in Indiana average 17.5¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $158 per month.