Key Economic Benchmarks
Median Household Income
$66,552$5,546 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Bradley County, TN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Bradley County, TN
Official FY2026 HUD Fair Market Rents for Cleveland, TN MSA. 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 | $850 | $10,200 | $34,000 | 15.3% |
| 1-Bedroom Apartment | $940 | $11,280 | $37,600 | 16.9% |
| 2-Bedroom ApartmentBenchmark | $1,233 | $14,796 | $49,320 | 22.2% |
| 3-Bedroom Home | $1,584 | $19,008 | $63,360 | 28.6% |
| 4-Bedroom Home | $1,633 | $19,596 | $65,320 | 29.4% |
50/30/20 Living Budget in Bradley County, TN
Based on the local median household income of $66,552/year ($5,546/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Tennessee
Explore net income after federal income tax, FICA, and Tennessee state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Tennessee with official federal datasets:
Frequently Asked Questions About Living in Bradley County, TN
What is the median household income in Bradley County, TN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Bradley County, TN is $66,552 per year (approximately $5,546 per month).
What is the average rent in Bradley County, TN?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Bradley County, TN are $850 for a studio, $940 for 1 bedroom, $1,233 for 2 bedrooms, $1,584 for 3 bedrooms, and $1,633 for 4 bedrooms.
How does the cost of living in Bradley County, TN compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Bradley County, TN is 88.1 (11.9% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Bradley County, TN?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,233/month) in Bradley County, TN requires a minimum gross household income of $49,320 per year ($4,110 per month).
What is a balanced 50/30/20 monthly budget in Bradley County, TN?
For a typical household earning the median income of $66,552/year ($5,546/month) in Bradley County, TN, a balanced 50/30/20 budget allocates $2,773/month to essential needs (rent, utilities, groceries), $1,664/month to discretionary spending, and $1,109/month to savings and debt repayment.
What are typical electricity and utility costs in Bradley County, TN?
Residential electricity rates in Tennessee average 14.1¢ 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 $127 per month.