Key Economic Benchmarks
Median Household Income
$54,937$4,578 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Edmonson County, KY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Edmonson County, KY
Official FY2026 HUD Fair Market Rents for Bowling Green, KY 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 | $889 | $10,668 | $35,560 | 19.4% |
| 1-Bedroom Apartment | $985 | $11,820 | $39,400 | 21.5% |
| 2-Bedroom ApartmentBenchmark | $1,153 | $13,836 | $46,120 | 25.2% |
| 3-Bedroom Home | $1,384 | $16,608 | $55,360 | 30.2% |
| 4-Bedroom Home | $1,806 | $21,672 | $72,240 | 39.4% |
50/30/20 Living Budget in Edmonson County, KY
Based on the local median household income of $54,937/year ($4,578/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 Edmonson County, KY
What is the median household income in Edmonson County, KY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Edmonson County, KY is $54,937 per year (approximately $4,578 per month).
What is the average rent in Edmonson County, KY?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Edmonson County, KY are $889 for a studio, $985 for 1 bedroom, $1,153 for 2 bedrooms, $1,384 for 3 bedrooms, and $1,806 for 4 bedrooms.
How does the cost of living in Edmonson County, KY compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Edmonson County, KY is 90.2 (9.8% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Edmonson County, KY?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,153/month) in Edmonson County, KY requires a minimum gross household income of $46,120 per year ($3,843 per month).
What is a balanced 50/30/20 monthly budget in Edmonson County, KY?
For a typical household earning the median income of $54,937/year ($4,578/month) in Edmonson County, KY, a balanced 50/30/20 budget allocates $2,289/month to essential needs (rent, utilities, groceries), $1,373/month to discretionary spending, and $916/month to savings and debt repayment.
What are typical electricity and utility costs in Edmonson 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.