Key Economic Benchmarks
Median Household Income
$75,419$6,285 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Grady County, OK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Grady County, OK
Official FY2026 HUD Fair Market Rents for Grady County, OK 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 | $692 | $8,304 | $27,680 | 11% |
| 1-Bedroom Apartment | $765 | $9,180 | $30,600 | 12.2% |
| 2-Bedroom ApartmentBenchmark | $1,004 | $12,048 | $40,160 | 16% |
| 3-Bedroom Home | $1,343 | $16,116 | $53,720 | 21.4% |
| 4-Bedroom Home | $1,684 | $20,208 | $67,360 | 26.8% |
50/30/20 Living Budget in Grady County, OK
Based on the local median household income of $75,419/year ($6,285/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Oklahoma
Explore net income after federal income tax, FICA, and Oklahoma state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Oklahoma with official federal datasets:
Frequently Asked Questions About Living in Grady County, OK
What is the median household income in Grady County, OK?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Grady County, OK is $75,419 per year (approximately $6,285 per month).
What is the average rent in Grady County, OK?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Grady County, OK are $692 for a studio, $765 for 1 bedroom, $1,004 for 2 bedrooms, $1,343 for 3 bedrooms, and $1,684 for 4 bedrooms.
How does the cost of living in Grady County, OK compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Grady County, OK is 90.4 (9.6% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Grady County, OK?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,004/month) in Grady County, OK requires a minimum gross household income of $40,160 per year ($3,347 per month).
What is a balanced 50/30/20 monthly budget in Grady County, OK?
For a typical household earning the median income of $75,419/year ($6,285/month) in Grady County, OK, a balanced 50/30/20 budget allocates $3,142/month to essential needs (rent, utilities, groceries), $1,885/month to discretionary spending, and $1,257/month to savings and debt repayment.
What are typical electricity and utility costs in Grady County, OK?
Residential electricity rates in Oklahoma 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 $129 per month.