Key Economic Benchmarks
Median Household Income
$49,684$4,140 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Graham County, NC
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Graham County, NC
Official FY2026 HUD Fair Market Rents for Graham County, NC. 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 | $782 | $9,384 | $31,280 | 18.9% |
| 1-Bedroom Apartment | $844 | $10,128 | $33,760 | 20.4% |
| 2-Bedroom ApartmentBenchmark | $925 | $11,100 | $37,000 | 22.3% |
| 3-Bedroom Home | $1,199 | $14,388 | $47,960 | 29% |
| 4-Bedroom Home | $1,390 | $16,680 | $55,600 | 33.6% |
50/30/20 Living Budget in Graham County, NC
Based on the local median household income of $49,684/year ($4,140/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in North Carolina
Explore net income after federal income tax, FICA, and North Carolina state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across North Carolina with official federal datasets:
Frequently Asked Questions About Living in Graham County, NC
What is the median household income in Graham County, NC?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Graham County, NC is $49,684 per year (approximately $4,140 per month).
What is the average rent in Graham County, NC?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Graham County, NC are $782 for a studio, $844 for 1 bedroom, $925 for 2 bedrooms, $1,199 for 3 bedrooms, and $1,390 for 4 bedrooms.
How does the cost of living in Graham County, NC compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Graham County, NC is 94.3 (5.7% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Graham County, NC?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($925/month) in Graham County, NC 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 Graham County, NC?
For a typical household earning the median income of $49,684/year ($4,140/month) in Graham County, NC, a balanced 50/30/20 budget allocates $2,070/month to essential needs (rent, utilities, groceries), $1,242/month to discretionary spending, and $828/month to savings and debt repayment.
What are typical electricity and utility costs in Graham County, NC?
Residential electricity rates in North Carolina average 14.7¢ 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 $133 per month.