Key Economic Benchmarks
Median Household Income
$80,558$6,713 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Bullitt County, KY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Bullitt County, KY
Official FY2026 HUD Fair Market Rents for Louisville, KY-IN HUD Metro FMR Area. 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 | $966 | $11,592 | $38,640 | 14.4% |
| 1-Bedroom Apartment | $1,047 | $12,564 | $41,880 | 15.6% |
| 2-Bedroom ApartmentBenchmark | $1,272 | $15,264 | $50,880 | 18.9% |
| 3-Bedroom Home | $1,625 | $19,500 | $65,000 | 24.2% |
| 4-Bedroom Home | $1,891 | $22,692 | $75,640 | 28.2% |
50/30/20 Living Budget in Bullitt County, KY
Based on the local median household income of $80,558/year ($6,713/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Kentucky
Explore net income after federal income tax, FICA, and Kentucky state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Kentucky with official federal datasets:
Frequently Asked Questions About Living in Bullitt County, KY
What is the median household income in Bullitt County, KY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Bullitt County, KY is $80,558 per year (approximately $6,713 per month).
What is the average rent in Bullitt County, KY?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Bullitt County, KY are $966 for a studio, $1,047 for 1 bedroom, $1,272 for 2 bedrooms, $1,625 for 3 bedrooms, and $1,891 for 4 bedrooms.
How does the cost of living in Bullitt County, KY compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Bullitt County, KY is 93.1 (6.9% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Bullitt County, KY?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,272/month) in Bullitt County, KY requires a minimum gross household income of $50,880 per year ($4,240 per month).
What is a balanced 50/30/20 monthly budget in Bullitt County, KY?
For a typical household earning the median income of $80,558/year ($6,713/month) in Bullitt County, KY, a balanced 50/30/20 budget allocates $3,357/month to essential needs (rent, utilities, groceries), $2,014/month to discretionary spending, and $1,343/month to savings and debt repayment.
What are typical electricity and utility costs in Bullitt County, KY?
Residential electricity rates in Kentucky average 14.3¢ 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 $128 per month.