Key Economic Benchmarks
Median Household Income
$80,602$6,717 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Cedar County, IA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Cedar County, IA
Official FY2026 HUD Fair Market Rents for Cedar County, IA. 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 | $717 | $8,604 | $28,680 | 10.7% |
| 1-Bedroom Apartment | $736 | $8,832 | $29,440 | 11% |
| 2-Bedroom ApartmentBenchmark | $966 | $11,592 | $38,640 | 14.4% |
| 3-Bedroom Home | $1,259 | $15,108 | $50,360 | 18.7% |
| 4-Bedroom Home | $1,279 | $15,348 | $51,160 | 19% |
50/30/20 Living Budget in Cedar County, IA
Based on the local median household income of $80,602/year ($6,717/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Iowa
Explore net income after federal income tax, FICA, and Iowa state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Iowa with official federal datasets:
Frequently Asked Questions About Living in Cedar County, IA
What is the median household income in Cedar County, IA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Cedar County, IA is $80,602 per year (approximately $6,717 per month).
What is the average rent in Cedar County, IA?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Cedar County, IA are $717 for a studio, $736 for 1 bedroom, $966 for 2 bedrooms, $1,259 for 3 bedrooms, and $1,279 for 4 bedrooms.
How does the cost of living in Cedar County, IA compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Cedar County, IA is 87.8 (12.2% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Cedar County, IA?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($966/month) in Cedar County, IA requires a minimum gross household income of $38,640 per year ($3,220 per month).
What is a balanced 50/30/20 monthly budget in Cedar County, IA?
For a typical household earning the median income of $80,602/year ($6,717/month) in Cedar County, IA, a balanced 50/30/20 budget allocates $3,358/month to essential needs (rent, utilities, groceries), $2,015/month to discretionary spending, and $1,343/month to savings and debt repayment.
What are typical electricity and utility costs in Cedar County, IA?
Residential electricity rates in Iowa average 15.9¢ 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 $143 per month.