Key Economic Benchmarks
Median Household Income
$66,480$5,540 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Northumberland County, VA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Northumberland County, VA
Official FY2026 HUD Fair Market Rents for Northumberland County, VA. 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 | $1,066 | $12,792 | $42,640 | 19.2% |
| 1-Bedroom Apartment | $1,073 | $12,876 | $42,920 | 19.4% |
| 2-Bedroom ApartmentBenchmark | $1,309 | $15,708 | $52,360 | 23.6% |
| 3-Bedroom Home | $1,569 | $18,828 | $62,760 | 28.3% |
| 4-Bedroom Home | $2,047 | $24,564 | $81,880 | 36.9% |
See dedicated rental breakdown for Northumberland County, VA →
50/30/20 Living Budget in Northumberland County, VA
Based on the local median household income of $66,480/year ($5,540/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Virginia
Explore net income after federal income tax, FICA, and Virginia state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Virginia with official federal datasets:
Frequently Asked Questions About Living in Northumberland County, VA
What is the median household income in Northumberland County, VA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Northumberland County, VA is $66,480 per year (approximately $5,540 per month).
What is the average rent in Northumberland County, VA?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Northumberland County, VA are $1,066 for a studio, $1,073 for 1 bedroom, $1,309 for 2 bedrooms, $1,569 for 3 bedrooms, and $2,047 for 4 bedrooms.
How does the cost of living in Northumberland County, VA compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Northumberland County, VA is 101.1 (1.1% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Northumberland County, VA?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,309/month) in Northumberland County, VA requires a minimum gross household income of $52,360 per year ($4,363 per month).
What is a balanced 50/30/20 monthly budget in Northumberland County, VA?
For a typical household earning the median income of $66,480/year ($5,540/month) in Northumberland County, VA, a balanced 50/30/20 budget allocates $2,770/month to essential needs (rent, utilities, groceries), $1,662/month to discretionary spending, and $1,108/month to savings and debt repayment.
What are typical electricity and utility costs in Northumberland County, VA?
Residential electricity rates in Virginia average 17.2¢ 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 $155 per month.