Key Economic Benchmarks
Median Household Income
$46,274$3,856 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Pickens County, AL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Pickens County, AL
Official FY2026 HUD Fair Market Rents for Pickens County, AL 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 | $588 | $7,056 | $23,520 | 15.2% |
| 1-Bedroom Apartment | $591 | $7,092 | $23,640 | 15.3% |
| 2-Bedroom ApartmentBenchmark | $776 | $9,312 | $31,040 | 20.1% |
| 3-Bedroom Home | $994 | $11,928 | $39,760 | 25.8% |
| 4-Bedroom Home | $1,290 | $15,480 | $51,600 | 33.5% |
50/30/20 Living Budget in Pickens County, AL
Based on the local median household income of $46,274/year ($3,856/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Alabama
Explore net income after federal income tax, FICA, and Alabama state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Alabama with official federal datasets:
Frequently Asked Questions About Living in Pickens County, AL
What is the median household income in Pickens County, AL?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Pickens County, AL is $46,274 per year (approximately $3,856 per month).
What is the average rent in Pickens County, AL?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Pickens County, AL are $588 for a studio, $591 for 1 bedroom, $776 for 2 bedrooms, $994 for 3 bedrooms, and $1,290 for 4 bedrooms.
How does the cost of living in Pickens County, AL compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Pickens County, AL is 87.7 (12.3% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Pickens County, AL?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($776/month) in Pickens County, AL requires a minimum gross household income of $31,040 per year ($2,587 per month).
What is a balanced 50/30/20 monthly budget in Pickens County, AL?
For a typical household earning the median income of $46,274/year ($3,856/month) in Pickens County, AL, a balanced 50/30/20 budget allocates $1,928/month to essential needs (rent, utilities, groceries), $1,157/month to discretionary spending, and $771/month to savings and debt repayment.
What are typical electricity and utility costs in Pickens County, AL?
Residential electricity rates in Alabama average 16.4¢ 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 $148 per month.