Key Economic Benchmarks
Median Household Income
$71,885$5,990 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Roane County, TN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Roane County, TN
Official FY2026 HUD Fair Market Rents for Roane County, TN 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 | $912 | $10,944 | $36,480 | 15.2% |
| 1-Bedroom Apartment | $918 | $11,016 | $36,720 | 15.3% |
| 2-Bedroom ApartmentBenchmark | $1,092 | $13,104 | $43,680 | 18.2% |
| 3-Bedroom Home | $1,432 | $17,184 | $57,280 | 23.9% |
| 4-Bedroom Home | $1,832 | $21,984 | $73,280 | 30.6% |
50/30/20 Living Budget in Roane County, TN
Based on the local median household income of $71,885/year ($5,990/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Tennessee
Explore net income after federal income tax, FICA, and Tennessee state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Tennessee with official federal datasets:
Frequently Asked Questions About Living in Roane County, TN
What is the median household income in Roane County, TN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Roane County, TN is $71,885 per year (approximately $5,990 per month).
What is the average rent in Roane County, TN?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Roane County, TN are $912 for a studio, $918 for 1 bedroom, $1,092 for 2 bedrooms, $1,432 for 3 bedrooms, and $1,832 for 4 bedrooms.
How does the cost of living in Roane County, TN compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Roane County, TN is 92.6 (7.4% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Roane County, TN?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,092/month) in Roane County, TN requires a minimum gross household income of $43,680 per year ($3,640 per month).
What is a balanced 50/30/20 monthly budget in Roane County, TN?
For a typical household earning the median income of $71,885/year ($5,990/month) in Roane County, TN, a balanced 50/30/20 budget allocates $2,995/month to essential needs (rent, utilities, groceries), $1,797/month to discretionary spending, and $1,198/month to savings and debt repayment.
What are typical electricity and utility costs in Roane County, TN?
Residential electricity rates in Tennessee average 14.1¢ 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 $127 per month.