Key Economic Benchmarks
Median Household Income
$58,154$4,846 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Dyer County, TN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Dyer County, TN
Official FY2026 HUD Fair Market Rents for Dyer County, TN. 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 | $724 | $8,688 | $28,960 | 14.9% |
| 1-Bedroom Apartment | $778 | $9,336 | $31,120 | 16.1% |
| 2-Bedroom ApartmentBenchmark | $925 | $11,100 | $37,000 | 19.1% |
| 3-Bedroom Home | $1,220 | $14,640 | $48,800 | 25.2% |
| 4-Bedroom Home | $1,225 | $14,700 | $49,000 | 25.3% |
50/30/20 Living Budget in Dyer County, TN
Based on the local median household income of $58,154/year ($4,846/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 Dyer County, TN
What is the median household income in Dyer County, TN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Dyer County, TN is $58,154 per year (approximately $4,846 per month).
What is the average rent in Dyer County, TN?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Dyer County, TN are $724 for a studio, $778 for 1 bedroom, $925 for 2 bedrooms, $1,220 for 3 bedrooms, and $1,225 for 4 bedrooms.
How does the cost of living in Dyer County, TN compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Dyer County, TN is 91.9 (8.1% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Dyer County, TN?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($925/month) in Dyer County, TN requires a minimum gross household income of $37,000 per year ($3,083 per month).
What is a balanced 50/30/20 monthly budget in Dyer County, TN?
For a typical household earning the median income of $58,154/year ($4,846/month) in Dyer County, TN, a balanced 50/30/20 budget allocates $2,423/month to essential needs (rent, utilities, groceries), $1,454/month to discretionary spending, and $969/month to savings and debt repayment.
What are typical electricity and utility costs in Dyer 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.