Key Economic Benchmarks
Median Household Income
$57,984$4,832 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Okeechobee County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Okeechobee County, FL
Official FY2026 HUD Fair Market Rents for Okeechobee County, FL. 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 | $1,025 | $12,300 | $41,000 | 21.2% |
| 1-Bedroom Apartment | $1,032 | $12,384 | $41,280 | 21.4% |
| 2-Bedroom ApartmentBenchmark | $1,346 | $16,152 | $53,840 | 27.9% |
| 3-Bedroom Home | $1,650 | $19,800 | $66,000 | 34.1% |
| 4-Bedroom Home | $1,782 | $21,384 | $71,280 | 36.9% |
50/30/20 Living Budget in Okeechobee County, FL
Based on the local median household income of $57,984/year ($4,832/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Florida
Explore net income after federal income tax, FICA, and Florida state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Florida with official federal datasets:
Frequently Asked Questions About Living in Okeechobee County, FL
What is the median household income in Okeechobee County, FL?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Okeechobee County, FL is $57,984 per year (approximately $4,832 per month).
What is the average rent in Okeechobee County, FL?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Okeechobee County, FL are $1,025 for a studio, $1,032 for 1 bedroom, $1,346 for 2 bedrooms, $1,650 for 3 bedrooms, and $1,782 for 4 bedrooms.
How does the cost of living in Okeechobee County, FL compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Okeechobee County, FL is 103.4 (3.4% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Okeechobee County, FL?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,346/month) in Okeechobee County, FL requires a minimum gross household income of $53,840 per year ($4,487 per month).
What is a balanced 50/30/20 monthly budget in Okeechobee County, FL?
For a typical household earning the median income of $57,984/year ($4,832/month) in Okeechobee County, FL, a balanced 50/30/20 budget allocates $2,416/month to essential needs (rent, utilities, groceries), $1,450/month to discretionary spending, and $966/month to savings and debt repayment.
What are typical electricity and utility costs in Okeechobee County, FL?
Residential electricity rates in Florida average 15.1¢ 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 $136 per month.