Key Economic Benchmarks
Median Household Income
$51,149$4,262 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Fentress County, TN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Fentress County, TN
Official FY2026 HUD Fair Market Rents for Fentress 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 | $700 | $8,400 | $28,000 | 16.4% |
| 1-Bedroom Apartment | $705 | $8,460 | $28,200 | 16.5% |
| 2-Bedroom ApartmentBenchmark | $925 | $11,100 | $37,000 | 21.7% |
| 3-Bedroom Home | $1,204 | $14,448 | $48,160 | 28.2% |
| 4-Bedroom Home | $1,290 | $15,480 | $51,600 | 30.3% |
50/30/20 Living Budget in Fentress County, TN
Based on the local median household income of $51,149/year ($4,262/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 Fentress County, TN
What is the median household income in Fentress County, TN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Fentress County, TN is $51,149 per year (approximately $4,262 per month).
What is the average rent in Fentress County, TN?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Fentress County, TN are $700 for a studio, $705 for 1 bedroom, $925 for 2 bedrooms, $1,204 for 3 bedrooms, and $1,290 for 4 bedrooms.
How does the cost of living in Fentress County, TN compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Fentress 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 Fentress County, TN?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($925/month) in Fentress 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 Fentress County, TN?
For a typical household earning the median income of $51,149/year ($4,262/month) in Fentress County, TN, a balanced 50/30/20 budget allocates $2,131/month to essential needs (rent, utilities, groceries), $1,279/month to discretionary spending, and $852/month to savings and debt repayment.
What are typical electricity and utility costs in Fentress 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.