Key Economic Benchmarks
Median Household Income
$58,515$4,876 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Polk County, GA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Polk County, GA
Official FY2026 HUD Fair Market Rents for Polk County, GA. 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 | $771 | $9,252 | $30,840 | 15.8% |
| 1-Bedroom Apartment | $776 | $9,312 | $31,040 | 15.9% |
| 2-Bedroom ApartmentBenchmark | $1,018 | $12,216 | $40,720 | 20.9% |
| 3-Bedroom Home | $1,290 | $15,480 | $51,600 | 26.5% |
| 4-Bedroom Home | $1,348 | $16,176 | $53,920 | 27.6% |
50/30/20 Living Budget in Polk County, GA
Based on the local median household income of $58,515/year ($4,876/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Georgia
Explore net income after federal income tax, FICA, and Georgia state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Georgia with official federal datasets:
Frequently Asked Questions About Living in Polk County, GA
What is the median household income in Polk County, GA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Polk County, GA is $58,515 per year (approximately $4,876 per month).
What is the average rent in Polk County, GA?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Polk County, GA are $771 for a studio, $776 for 1 bedroom, $1,018 for 2 bedrooms, $1,290 for 3 bedrooms, and $1,348 for 4 bedrooms.
How does the cost of living in Polk County, GA compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Polk County, GA is 96.3 (3.7% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Polk County, GA?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,018/month) in Polk County, GA requires a minimum gross household income of $40,720 per year ($3,393 per month).
What is a balanced 50/30/20 monthly budget in Polk County, GA?
For a typical household earning the median income of $58,515/year ($4,876/month) in Polk County, GA, a balanced 50/30/20 budget allocates $2,438/month to essential needs (rent, utilities, groceries), $1,463/month to discretionary spending, and $975/month to savings and debt repayment.
What are typical electricity and utility costs in Polk County, GA?
Residential electricity rates in Georgia 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 $147 per month.