Key Economic Benchmarks
Median Household Income
$97,178$8,098 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Orange County, NY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Orange County, NY
Official FY2026 HUD Fair Market Rents for Kiryas Joel-Poughkeepsie-Newburgh, NY MSA. 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 | $1,364 | $16,368 | $54,560 | 16.8% |
| 1-Bedroom Apartment | $1,549 | $18,588 | $61,960 | 19.1% |
| 2-Bedroom ApartmentBenchmark | $1,979 | $23,748 | $79,160 | 24.4% |
| 3-Bedroom Home | $2,511 | $30,132 | $100,440 | 31% |
| 4-Bedroom Home | $2,694 | $32,328 | $107,760 | 33.3% |
50/30/20 Living Budget in Orange County, NY
Based on the local median household income of $97,178/year ($8,098/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in New York
Explore net income after federal income tax, FICA, and New York state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across New York with official federal datasets:
Frequently Asked Questions About Living in Orange County, NY
What is the median household income in Orange County, NY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Orange County, NY is $97,178 per year (approximately $8,098 per month).
What is the average rent in Orange County, NY?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Orange County, NY are $1,364 for a studio, $1,549 for 1 bedroom, $1,979 for 2 bedrooms, $2,511 for 3 bedrooms, and $2,694 for 4 bedrooms.
How does the cost of living in Orange County, NY compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Orange County, NY is 109.4 (9.4% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Orange County, NY?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,979/month) in Orange County, NY requires a minimum gross household income of $79,160 per year ($6,597 per month).
What is a balanced 50/30/20 monthly budget in Orange County, NY?
For a typical household earning the median income of $97,178/year ($8,098/month) in Orange County, NY, a balanced 50/30/20 budget allocates $4,049/month to essential needs (rent, utilities, groceries), $2,429/month to discretionary spending, and $1,620/month to savings and debt repayment.
What are typical electricity and utility costs in Orange County, NY?
Residential electricity rates in New York average 29.5¢ 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 $265 per month.